790 E Orange Grove Blvd Pasadena, CA 91104
Northwest Pasadena NeighborhoodEstimated payment $23,991/month
Highlights
- Built in 1923 | Newly Remodeled
- Laundry Room
- Foothills
- Quartz Countertops
- Tankless Water Heater
- Central Air
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923 | Newly Remodeled
Lot Details
- 9,533 Sq Ft Lot
- 1 Common Wall
- Fenced
- No Sprinklers
Home Design
- Property Attached
- Additions or Alterations
- Major Repairs Completed
- Flat Roof Shape
- Frame Construction
- Asphalt Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 5,500 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Quartz Countertops
Bedrooms and Bathrooms
- 11 Bedrooms
- 10 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Private Parking
- Paved Parking
- Parking Lot
- Assigned Parking
Utilities
- Central Air
- Heating Available
- Natural Gas Connected
- Tankless Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 5731013004
- Seller Considering Concessions
Community Details
Overview
- 4 Buildings
- 8 Units
- Foothills
Recreation
- Bike Trail
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $12,000
- Trash Expense $900
- Water Sewer Expense $2,400
- New Taxes Expense $48,750
- Operating Expense $64,950
- Gross Income $201,450
- Net Operating Income $201,450
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2026 02/09/26 | For Sale | $3,900,000 | -- | $709 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-25781
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Ask me questions while you tour the home.