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790 E Orange Grove Blvd
Pasadena, CA 91104 Olive Heights

$3,900,000 USD

Apartments For Sale • 5,500 SF

Property Details

Property Type Apartments
Total Building Size 5,500 SF
Lot Size 0.22 AC
Building Class C
Year Built 1923
Zoning R1, Pasadena

60 Transit Score

88 Walk Score

                
                    Highlights
                
                                8 New Units - Five fully renovated (2023-2025) with three newly constructed ADUs (2025), offering minimal future capital needs.
                            
                                All units feature central HVAC and new appliances, with most units offering private in-unit laundry.
                            
                                Solar panels installed on new construction units, contributing to energy efficiency and reduced operating costs.
                            
                                Property is 100% occupied at market-rate rents, providing immediate and stable cash flow.
                            
                                Individually metered for Gas & Electricity.   Eight on-site parking spaces provided for tenants.
                            
                                Recent improvements include new roofs, plumbing, electrical systems, windows, doors, flooring, and modern kitchens and bathrooms.

Amenities

Air Conditioning
Dishwasher
Disposal
Microwave
Washer/Dryer
Heating
Refrigerator
Stainless Steel Appliances
Double Pane Windows
Vinyl Flooring
Smoke Detector
Quartz Countertops

Public Transportation

Transit/Subway	Drive	Walk	Distance
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	25 min	-	17.7 mi
Long Beach (Daugherty Field)	45 min	-	29.0 mi
Los Angeles International	43 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Sarkis Aleksanian 626-399-9060 Compass Real Estate

790 E Orange Grove Blvd Pasadena, CA 91104 Olive Heights