790 E Orange Grove Boulevard, Pasadena, CA 91104
Local realty services provided by:ERA Excel Realty
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:157 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Electric Range, Gas Range, Microwave, Refrigerator
- Living area:5,500 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Flat
- Year built:1923
- Building area:5,500 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Sprinklers None
- Construction Materials:Copper Plumbing, Frame, Stucco
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$709.09
Features and amenities
- Appliances:Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater
- Amenities:Quartz Counters
Parking
- Total parking spaces:8
- Parking description:Assigned, Concrete Driveway, On Site, One Space, Paved Driveway, Private
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