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Berkshire Hathaway HomeServices California Properties

160 S Michigan Avenue, Pasadena, CA 91106

$7,500,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Matt Cuong Ly | matt.ly@cbcnrt.com
Lic#: 01441481
Broker: Courtesy of Coldwell Banker Realty
Phone: 626-821-1216

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: AR25178432

Price: $7,500,000

Rental Rate: $7,500,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 1965

0.22 acres

County: Los Angeles

Zoning: PSR4

Construction: Copper Plumbing

Parking description: Assigned

Lot description: ElevenToFifteenUnitsAcre

Heating description: Forced Air

Last Updated: 6/11/2026

Days On Market (DOM): 361

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Lat/Long: 34.143001, -118.125541.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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