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790 E Orange Grove Blvd

pasadena, CA 91104

$3,900,000

    Interested? Let's Connect

    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.

    Details

    5,500 Sq Ft

    0.2188 Private Acres Lot Size

    investment

    Built in 1923

    MLS/Listing ID P1-25781

    1 Stories

    8 Units

    Amenities & Features

    Refrigerator

    Microwave

    Parking - On Site

    Parking - Concrete

    Parking - Assigned

    Flat

    Gas Range

    Electric Range

    Community - Suburban

    Community - Street Lights

    Community - Sidewalks

    Community - Foothills

    Community - Biking

    Construction - Stucco

    Construction - Frame

    Construction - Copper Plumbing

    Cooling - Electric

    Cooling - Central Air

    Tankless Water Heater

    Vinyl

    Quartz Countertops

    Parking - One Space

    Parking - Paved

    Parking - Private

    Lot - No Sprinklers

    Estimate my mortgage

    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

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    • Common Charges

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    Interested In 790 E Orange Grove Blvd?