823 N Orange Grove Boulevard, Pasadena, California 91103, Pasadena, 91103 - 2 bed, 2 bath

823 N Orange Grove Boulevard
Pasadena, California 91103
Property Price
SUMMARY
Analysis of 823 N Orange Grove Boulevard, Pasadena, California 91103 is currently available with a list price of $2,300,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1923, making it over 100 years old. The listing explicitly markets the site as 'DEVELOPMENT-READY INFILL SITE' and mentions 'Demolition & Site Clearance Costs' as a weakness, indicating the existing structure is intended for demolition. No interior images or details about the house's condition, kitchen, or bathrooms are provided, reinforcing that the value is in the land for redevelopment, not the current dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12269, living area = 1228.
- High Development Yield Potential
Preliminary analysis supports the potential for up to 10 residential units on the 13,892 SF usable lot, offering significant investment value in a high-demand Pasadena submarket.
- Strategic Infill Location
Centrally located in Pasadena with excellent proximity to Old Town, the Rose Bowl, major employment centers, and regional transit routes, enhancing future residential appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12269, other record lot size in square feet = 12345.
- Unverified Development Capacity
The stated potential for 10 residential units is 'preliminary' and requires 'buyer to verify,' introducing uncertainty and due diligence costs regarding final unit count and density.
- Regulatory Approval Process
Development is 'subject to City approvals and final design review,' indicating a potentially lengthy and complex entitlement process that could delay the project timeline.
About 823 N Orange Grove Boulevard
DEVELOPEMENT-READY INFILL SITE IN PASADENA. Located along North Orange Grove Blvd within the City of Pasadena's Fair Oaks / Orange Grove Specific Plan, this property presents a rare opportunity to acquire a centrally located infill parcel with strong residential development potential. The site consists of approximately 13,892 square feet of usable land, positioned in a well-established residential corridor with proximity to Old Town Pasadena, the Rose Bowl, major employment centers and regional transit routes. The parcel is suited for a small-scale multi-family or residential infill project, subject to City approvals and final design review. PROPERTY HIGHLIGHTS: Lot Area +/-13,892 SF Zoning / Plan Area: Fair Oaks / Orange Grove Specific Plan (FOOG). Development Potential: Preliminary Analysis supports up to - 10 residential units (buyer to verify). Topography: Generally usable infill parcel. Utilities: All utilities available in street. Access: Direct frontage along N Orange Grove Blvd. DEVELOPMENT OVERVIEW: The Fair Oaks / Orange Grove Specific Plan encourages well-designed residential infill that complements the surrounding neighborhood while increasing housing supply in a high-demand Pasadena submarket. Based on lot size and plan guidelines, the site may support a low- to mid-density residential project, offering an attractive balance of unit yield, manageable construction scale and long term investment value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 12,269 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,228 | 1,941.5 | 18% |
| Lot Size | 12,269 | 9,618 | 68% |
| Price | $2.30M | $1.85M | 58% |
| Price per sq ft | $1.9K | $958 | 98% |
| Built year | 1923 | 1944 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 156 | 12% |
Pricing History
Listed for Sale
Jan 7, 2026
$2,300,000
Initial Listing














