790 E Orange Grove Boulevard, Pasadena, California 91104, Pasadena, 91104 - 0 bed, 0 bath
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Pasadena, California 91104
Analysis of 790 E Orange Grove Boulevard, Pasadena, California 91104 is currently available with a list price of $3,900,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite the original 1923 build year, the property has undergone an extensive renovation, with five units fully renovated to the studs and three new construction ADUs. The description explicitly states new roofs, full replacement of plumbing and electrical systems, new windows, doors, flooring, modern kitchens/baths, central HVAC, and new appliances. The images confirm these updates, showcasing contemporary kitchens with white shaker cabinets and quartz countertops, modern bathrooms with glass-enclosed showers and stylish tiling, new LVP flooring, and recessed lighting throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Five units fully renovated to the studs and three new construction ADUs, including new roofs, plumbing, electrical, windows, doors, flooring, and modern kitchens/baths, significantly reducing future capital expenditures.
The property is 100% occupied at market-rate rents, ensuring immediate and stable cash flow with zero vacancy loss from day one, making it an attractive low-management investment.
All units feature central HVAC, new appliances, and nearly all include private in-unit laundry, driving high tenant demand and retention.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5500, other record living area = 2893.
The property description does not provide details regarding parking availability, which can be a significant factor for tenant satisfaction and property value in a multi-unit setting in Pasadena.
While units are well-appointed, the description does not mention any shared common area amenities (e.g., gym, lounge, dedicated outdoor recreational space) that could enhance tenant appeal and retention.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1923 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 9, 2026
$3,900,000
Initial Listing
Apr 10, 2023
$1,400,000
Public Record
Nov 12, 2021
$860,000
Public Record