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PendingLuxury

$2,500,000

15,290 sqft$164/sqft28 days on market

1222 E Orange Grove BLVD

Pasadena, CA 91104

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

15,290

Square feet

1965

Built

Listing narrative

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.

Listing agent (MLS): Bill Toth · Listing brokerage (MLS): First Class Real Estate

Property Details

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Price

$2,500,000

Beds

Beds n/a

Type

Condo

Home Size

15,290 sqft

Baths

Baths n/a

Lot Size

0.35 acres

Year

1965

Status

Pending

Days on Market

28

$ / Sqft

$164

· 8% down, 7% APR, 30yr fixed
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Courtesy of First Class Real Estate