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Sold for $1,025,000 on 09/16/22
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  • $1,025,000

    605 E Orange Grove Blvd, Pasadena, CA 91104

    2beds
    0baths
    2,944sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $1,398,800 Zestimate®
    $348/sqft
    $3,895 Estimated rent

    What's special

    UPDATE AS OF 3/1/23 *** One of the units is now ready for viewing and ready for an owner to move in or to be rented at market rent!*** Amazing 4 unit investment property in Pasadena, CA. Building is approximately 2,944 sq ft. Proforma rents are $8,800 per month allowing the landlord to collect over $105,000 a year in Annual Gross Income. All tenants are long term and are on month to month lease. This is a stable investment that would allow the Landlord to hedge inflation with a large upside in rents. This great investment has (4) 1Bed/1B units. This property has updated paint, new roofing on the large detached four car garage, updated foundation and ADU potential. The building sits on a large 7,001 sq ft lot conveniently located near the Playhouse district, Pasadena City Hall, Old Town Pasadena and the world Famous Urth Caffe. It is just 9 minutes from the Rose Bowl and Norton Simon Museum.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 2,944 sqft

    Property

    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 5731008022

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Pasadena
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,398,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,398,800