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Listed price in listed location currency (USD).
$3,900,000

008

MLS® P1-25781

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1923
MLS® Number P1-25781

Property Address: 790 E Orange Grove Blvd, Pasadena, CA, 91104-4453

Average square foot calculated using Size range provided by listing agent.

Description

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 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.
MLS® NumberP1-25781
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1923
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All seller owned appliances

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 9, 2026List Date
$3,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
790 E Orange Grove Blvd, Pasadena, CA

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