790 E Orange Grove Boulevard, Pasadena, CA 91104
Local realty services provided by:ERA North Orange County Real Estate
790 E Orange Grove Boulevard,Pasadena, CA 91104
$3,900,000
- - Beds
- - Baths
- 5,500 sq. ft.
- Multi-family
- Active
Listed by: sarkis aleksanian
Office: compass
MLS#:P1-25781
Source:CRMLS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$709.09
About this home
Secure a high-performance, low-management investment with this extensively renovated 8-unit property located at 790 E. Orange Grove Blvd. in beautiful Pasadena, CA. This asset offers the ideal combination of stable, immediate cash flow and mitigated future expenditure risks. The property features five units fully renovated to the studs and three new construction ADUs, ensuring minimal maintenance needs for years to come. Updates include new roofs, full replacement of plumbing and electrical systems, new windows, doors, flooring, and modern kitchens/baths throughout. All units are equipped with central HVAC, new appliances, and all but one unit include private in-unit laundry, driving high tenant demand and retention. New construction units are equipped with solar panels contribute to efficiency and lower operating costs. The property is 100% occupied at market-rate rents, featuring a highly desirable mix of two 2 bedroom and 2 bathroom units, two 2 bedroom 1 bathroom units, three 1 bedroom 1 bathroom units and one studio. Tenants are responsible for all utilities except water and trash. This opportunity delivers the advantages of a new build investment asset with zero vacancy loss from day one. For a low-hassle, income-producing property with proven returns, your search ends here.
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Home facts
- Year built:1923
- Listing ID #:P1-25781
- Added:113 day(s) ago
- Updated:February 11, 2026 at 12:24 AM
Rooms and interior
- Living area:5,500 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
Structure and exterior
- Roof:Asphalt, Flat
- Year built:1923
- Building area:5,500 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$709.09
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