$10,000 Closing Credit¹
#AR24235656, Mulyani Ang, Listing Office: The One Luxury Properties
$7,995,000 List price
160 S Michigan Ave Pasadena, CA 91106
0.2 acres
Condo
Property details
About 160 S Michigan Ave
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.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2186 Acres
Year built1965
ParkingAssigned
MLS #AR24243115
ViewMountain(s)
Summary
- MLS Number: AR24243115
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Email: matt.ly@cbcnrt.com
- Listing Agent: Matt Cuong Ly
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,995,000
160 S Michigan Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 01, 2020 | Home Sold | $4,500,000 |
| Mar 29, 2004 | Home Sold | $2,557,500 |
| Nov 15, 1988 | Home Sold | $1,450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,825,286 | $56,232 |
| 2023 | $4,730,681 | $55,774 |
| 2022 | $4,637,931 | $53,866 |
| 2021 | $4,547,000 | $51,647 |
| 2020 | $3,324,873 | $37,552 |
| 2019 | $3,259,680 | $38,269 |
| 2018 | $3,195,766 | $37,866 |
| 2017 | $3,133,104 | $37,866 |
History based on county public records data.
Nearby schools
6
Alexander Hamilton Elementary School
Public District KG-5
1.1 mi
•2089 Rose Villa St
4
James Madison Elementary School
Public District KG-5
1.4 mi
•515 E Ashtabula St
8
William L. Valentine Elementary School
Public District KG-5
1.8 mi
•1650 Hntngtn Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,333. Most Pasadena, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
60%
35k-100k
27%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
65%
Single, No Kids
3%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
49%
18-34 yrs old
33%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 160 S Michigan Ave
This home is located at 160 S Michigan Ave in Pasadena, CA and zip code 91106 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $7,995,000.
Over 33 listings were sold over their listed price in February 2025 in Pasadena, CA. In the same period over 14 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Pasadena, CA between January and February 2025 increased by 18.8%. Listings spent 28 days on the market in February 2025, and had a median list price of $1,225,785 during the same period.
From Rocket Homes Real Estate and based on county public records data.