790 Orange Grove

Pasadena, CA, 91104

For Sale $3,900,000

0.22acre

Shen Schulz (310) 980-8809shen@shenrealty.com

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.

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Listed by:

Sarkis Aleksanian with COMPASS

790 Orange Grove is a Residential Income Apartment property located in Pasadena, California, featuring a 0.219 acre lot, MLS #P1-24648.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-10-31 01:32:00