160 S Michigan Avenue
Property Overview
Discover a prime turnkey 3-story apartment building just blocks from the renowned California Institute of Technology. This fully rehabbed property features upgraded electrical systems, 80% replumbed infrastructure, and individual electric meters. The completed soft story retrofit enhances safety and stability, while each unit boasts new bathrooms, kitchens, and flooring. Equipped with in-unit washer/dryer combos, stoves, refrigerators, and microwaves, these apartments are designed for easy rental and high occupancy rates. With its strategic location near Caltech, this property is an outstanding opportunity for investors seeking a cash-flowing asset in a desirable area.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1965
- Lot size
- 9,524 sq ft
- Parking
- 15 spaces
- Carport
- 15 spaces
- Stories
- 3
- Days on market
- 228
- MLS status
- Active
- Zoning
- PSR4
Features & Amenities
Parking
- Assigned
Pool
- None
Lot
- Eleven To Fifteen Units Acre
Community, Schools & Utilities
Utilities
- Heating
- ForcedAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 160 S Michigan Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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