769 North Orange Grove Boulevard Pasadena, CA ^$ 2,250,000

769 North Orange Grove Boulevard

^$ 2,250,000

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769 North Orange Grove Boulevard

Pasadena, CA, 91103

^$ 2,250,000

Studio Baths0.0 Sq 3,395

Monthly Estimate*

^$ 14,954

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 1

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 2

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 3

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 4

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 5

769 North Orange Grove Boulevard, Pasadena, CA 91103 - Image 6

Studio

Multi-Family Home for sale in Pasadena, CA

for $2,250,000. This 3,395 square foot home was built in 1905 on a lot size of 0.25.

Residential income in the highly desirable area of Pasadena. 2 separate structures. Property will be leased back by the owner for $10,000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments. Owner operates a program for teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.

Multi-Family Contingent

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.25

Year Built

1905

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

0023305107

Features

General

Heating Forced Air Central

Cooling Central Air

Zoning PSR*

Architectural Style Craftsman

Security Features Automatic Gate Gated Community

Year Built 1905

Tenant Pays Trash Collection Electricity Gas Taxes Grounds Care Water Cable TV Janitorial Service Roof Maintenance Insurance Exterior Maintenance

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 120000.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Other Structures Guest House

Status Active Under Contract

City Pasadena

Buyer Agent Compensation 2.50

Entry Location Foyer

Senior Community Y/N No

MLS Area 645 - Pasadena NW

Lot Size Square Feet 10784.0

Street Name Orange Grove

Land Lease Y/N No

Structure Type None

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Interior

Flooring Wood

Kitchen Appliances Disposal Dishwasher Microwave

Fireplace Features Living Room

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N Yes

Street Suffix Boulevard

Laundry Features Dryer Included

Total Baths 0

Exterior

Parking Features Converted Garage None Auto Driveway Gate Driveway

Water Source Public

Lot Size Area 10784.0

Foundation Details Raised

Spa No

Pool Y/N? No

Building Area Total 3395.0

Lot Dimensions 60x180

Lot Size Acres 0.25

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

David Altemus

Listing Agent

The Altemus Company

Broker

Affordability Calculator

$14,954

Per Month

Monthly Principal & Interest: $14,954
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,901,965

Percent of Sale Price 29%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/28/2023	$2,250,000		Listed Price

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769 North Orange Grove Boulevard, Pasadena, CA, 91103 is a Multi-Family Home for sale at $2,250,000 with 3,395 sqft and a lot size of 0.25. 769 North Orange Grove Boulevard is a studio with 0.0 baths and was built in 1905. The property's zip code is 91103 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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769 North Orange Grove Boulevard

Multi-Family Home for sale in Pasadena, CA

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