Property Details
About this Property
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. The three new ADUs may qualify for an exemption from the Pasadena Rent Stabilization Ordinance (Measure H), offering a strategic advantage and enhanced long-term value. This opportunity deliver
MLS Listing Information
MLS #
CRP1-24648
MLS Source
California Regional MLS
Days on Site
13
Interior Features
Appliances
Microwave, Oven Range - Electric, Oven Range - Gas
Cooling
Central Forced Air, Central Forced Air - Electric
Exterior Features
Roof
Flat
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Common Parking Area, Other, Parking Area, Private / Exclusive, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
790 E Orange Grove Bld is a Residential Income in Pasadena, CA 91104. This – square foot property sits on a 9,533 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,900,000 and was built in 1923. This address can also be written as 790 E Orange Grove Bld, Pasadena, CA 91104.
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This listing information is up-to-date as of October 31, 2025. For the most current information, please contact Sarkis Aleksanian, (626) 399-9060
