1222 E Orange Grove, Pasadena, CA 91104
1222 E Orange Grove, Pasadena, CA 91104
1222 E Orange Grove, Pasadena, CA 91104
3
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$2,500,000
Est. payment /mo
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5 Beds
5 Baths
0.35 Acres Lot
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1222 E Orange Grove Pasadena, CA 91104

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26212134

Bedrooms 5

Lot Size 0.351 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent multifamily investment opportunity featuring a 14-unit apartment building in Pasadena. Offering long-term upside, this property presents an attractive opportunity for investors looking to expand their Southern California portfolio. One unit will be delivered vacant at closing, providing the new owner with the opportunity to renovate, reposition, or lease the unit at current market rent, subject to applicable regulations. The remaining units provide an established rental income stream from day one. Conveniently located near shopping, dining, transportation, and the many amenities Pasadena has to offer, the property benefits from its desirable location and access to major employment and entertainment centers throughout the San Gabriel Valley and greater Los Angeles area. With 14 units, existing rental income, and one unit delivered vacant, this property offers a compelling combination of immediate cash flow and future value-add potential for a multifamily investor.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Between Michigan and Chester Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5739011025

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Bill Toth, DRE#01023622 First Class Real Estate 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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1222 E Orange Grove

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