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$2,250,000   Price Analysis
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769 N Orange Grove Blvd
Pasadena, CA 91103
6 bed 4 bath 3,395 SqFt ($662/SqFt)
0.25 acre lot. Built 1905
Listed 2023-08-27, Taxes $15,887
Ⓧ USDA Ineligible
due to price & location

near Pasadena

Residential income in the highly desirable area of Pasadena.

* Has Contingent Offer *

2 separate structures. Property will be leased back by the owner for $10, 000.00 per month Triple net. Tenant will execute a new five year lease with annual rent adjustments.

Owner operates a program for teenagrs and their families. The program is after school and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.


Presented by David Altemus at
The Altemus Company.


Property MLS #23-305107 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 4

Cooling Features: Air Conditioning, Central
Fireplace Features: Living Room
Heating Features: Central, Forced Air

Flooring: Wood

Water Features: District

Other Structures: GuestHouse

Covered Spaces: 4
Garage Spaces: 4
Garage Description: Auto Driveway Gate, Air Conditioned Garage, Driveway, Converted Garage
Parking Total: 8

Lot Size Acres: 0.2475666
Lot Size Dimensions: 60x180
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 10784

Existing Lease Type: Fee
Gross Income: 120000
Tenant Pays: Air Cond/Heat Maint, Cable TV, Electric, Exterior Maint, Gardener, Gas, Insurance, Interior Maint, Janitorial, Parking Lot Maint, Roof Maint Maint, Water Heater, Water, Trash, Taxes

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 5, 1 BathsTotal: 4, 1 SquareFeet: 10000

Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 5.3
Directions: Colorao Blvd. to Orange Grove Blvd.
Source Property Type: Residential Income
Area: Pasadena NW
Source Neighborhood: Pasadena NW
Parcel Number: 5726-018-028
Postal Code Plus 4: 3331
Zoning: PSR
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$346,888 + $1,040,666
$1,387,554
$15,887
2021$340,087 + $1,020,261
$1,360,348
$15,234
2020$336,600 + $1,009,800
$1,346,400
$14,621
2019$330,000 + $990,000
$1,320,000
$14,662
2018$182,752 + $188,045
$370,797
$4,677
2017$179,169 + $184,358
$363,527
$4,617
2016$175,656 + $180,744
$356,400
$4,487
2015$173,018 + $178,030
$351,048
$4,438
2014$169,629 + $174,543
$344,172
$4,362
2013$168,863 + $173,755
$342,618
$4,362
2012$165,552 + $170,349
$335,901
$4,322
2010$162,306 + $167,009
$329,315
$4,160
2009$161,476 + $166,155
$327,631
$4,180
2009$161,093 + $165,761
$326,854
$4,180
2008$158,310 + $162,898
$321,208
$3,935
2007$155,206 + $159,704
$314,910
$3,803

Listed 2023-08-27
$2,250,000
TheMLSCLAW
Listing removed 2020-02-14
$3,600
PasadenaPFAR
Listing removed 2020-02-14
$1,300,000
PasadenaPFAR
Listing removed 2019-12-11
$3,650
PasadenaPFAR
Listing removed 2019-12-11
$3,500
PasadenaPFAR
Listing removed 2019-12-11
$1,088,000
PasadenaPFAR
Listing removed 2019-10-30
$3,600
PasadenaPFAR
Listing removed 2019-10-30
$1,038,000
PasadenaPFAR
Listing removed 2019-10-30
$989,000
PasadenaPFAR
Listing removed 2019-10-30
$920,000
PasadenaPFAR
Listing removed 2019-10-30
$4,200
PasadenaPFAR
Listing removed 2019-09-16
$4,200
PasadenaPFAR
Listing removed 2015-09-16
$4,200
PasadenaPFAR
Listing removed 2015-09-15
$4,200
ITECH
Listed for rent 2015-09-08
$4,200
PasadenaPFAR
Listed for rent 2015-09-08
$4,200
ITECH
Listing removed 2015-09-04
$4,200
PasadenaPFAR
Listing removed 2015-09-04
$4,200
ITECH
Price Changed for rent 2015-07-18
$4,200
ITECH
Listed for rent 2015-06-15
$4,200
PasadenaPFAR
Listed for rent 2015-06-15
$4,875
ITECH
Listing removed 2014-01-15
$1,038,000
PasadenaPFAR
Listed 2013-09-11
$1,038,000
PasadenaPFAR
Listing removed 2013-05-26
$3,600
ITECH
Listing removed 2009-11-17
$920,000
PasadenaPFAR
Listing removed 2009-11-16
$920,000
ITECH
Listed 2009-09-08
$920,000
PasadenaPFAR
Listed 2009-09-08
$920,000
ITECH
Listing removed 2009-06-15
$989,000
PasadenaPFAR
Listing removed 2009-06-15
$989,000
ITECH
Listing removed 2009-05-11
$3,400
ITECH
Listed 2009-04-21
$989,000
PasadenaPFAR
Listed for rent 2009-04-21
$3,600,000
ITECH
Listed 2009-04-21
$989,000
ITECH
Listing removed 2009-04-13
$3,600
PasadenaPFAR
Listing removed 2009-04-13
$3,600
ITECH
Listed for rent 2009-02-08
$3,600
PasadenaPFAR
Listed for rent 2009-02-08
$3,600
ITECH
Listing removed 2007-11-09
$1,300,000
PasadenaPFAR
Listing removed 2007-11-09
$1,300,000
ITECH
Listed 2007-09-10
$1,300,000
PasadenaPFAR
Listed 2007-09-10
$1,300,000
ITECH
Listing removed 2007-07-26
$3,500
PasadenaPFAR
Listing removed 2007-07-26
$3,500
ITECH
Listed for rent 2007-06-04
$3,500
PasadenaPFAR
Listed for rent 2007-05-30
$3,500
ITECH
Listing removed 2006-06-16
$3,650
PasadenaPFAR
Listing removed 2006-06-16
$1,088,000
PasadenaPFAR
Listing removed 2006-06-16
$3,650
ITECH
Listed for rent 2006-02-10
$3,650
PasadenaPFAR
Listed for rent 2006-02-10
$3,650
ITECH
Listed 2005-12-08
$1,088,000
PasadenaPFAR
Sold 2000-09-27
$280,000
Public Record
Sold 1997-12-04
$365,000
Public Record
Sold 1985-08-22
$132,000
Public Record

Net Operating Income: 120000

Total Square Feet Living: 3395
Year Built: 1905
Entry Location: Foyer
Foundation Details: Raised
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 119
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman

Sewer: In Street

Other Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave
Security Features: Exterior Security Lights, Automatic Gate, Gated, Prewired for alarm system

Roosevelt Elementary School is a public elementary school located approximately 0.4 miles away.
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Octavia E. Butler Magnet School is a public middle school located approximately 1.2 miles away.
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John Muir High School is a public high school located approximately 1.5 miles away.
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New Horizon School is a private elementary and middle school located approximately 0.1 miles away.
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living_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.