794 E Orange Grove Boulevard
Pasadena, CA 91104
- – beds
- – baths
- – sqft
- 9,533 sqft lot
- 1923 build
- – on site
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BOM! This rare opportunity offers 100% vacancy in the five units located in desirable Pasadena. Set on a sizable 9,533 SF lot, it presents investors with tremendous potential and an advantageous outcome; a 7.2% cap rate and 10.5 GRM expected following renovations. All of the units are dazzling bungalow styles, composed of two duplexes - one at the front, one at the back - and a standalone house in between them. There are preliminary plans to add either an attached ADU to the front garages or two detached ADUs in the rear for increased value. Its prime location puts investors only minutes away from notable shops and eateries in Old Town Pasadena, Rose Bowl Stadium and Cal-Tech. Ready for those that crave to bring their own creative vision; additionally, each unit is metered separately for gas and electricity.
Last checked:
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Last updated Jul 23, 2023
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MLS# 23229295 —
The Building
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Year Built:1923
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New Construction:No
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Building Area Total:2894.00
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Total Number Of Units:5
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# of Buildings:3
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Architectural Style:Craftsman
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Stories Total:1
Location
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Directions:From Lake, Turn West on Orange Grove.
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Latitude:34.15769500
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Longitude:-118.13401100
The Property
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Property Type:Residential Income
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Zoning:PSR1
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Lot Size Area:9533.0000
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Lot Size Acres:0.2188
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Lot Size SqFt:9533.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5731013004
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
The Community
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Association:No
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Senior Community:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/10/23
Apr 10, 2023
|
Sold | CRMLS_CA | $1,400,000 | -18.8% |
|
4/5/23
Apr 5, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,725,000 | |
|
3/30/23
Mar 30, 2023
|
Listed / Active | CRMLS_CA | $1,725,000 |
