REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,500,000
Est. payment | /mo
8 Beds
4 Baths
9,524 Sqft Lot
$ 7,500,000
Est. payment | /mo
8 Beds
4 Baths
9,524 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25178432
Bedrooms 8
Lot Size 9,524 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Michigan Ave. & Cordova Ave.
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5735009014
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Matt Cuong Ly, DRE#01441481 Coldwell Banker Realty
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "