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Jenn Smart

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1222 E Orange Grove , Pasadena, CA 91104
$2,500,000
Est. Payment: $5,555.56/mo
17 Bed
17 Bath
10272 Sqft
0.35 Acres
Status: active under contract | Days on site: 14
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House 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.

Highlights

Listed by Bill Toth , 818-569-0210 First Class Real Estate , 818-569-0210. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1965

County

Los Angeles

Area

646 - Pasadena (NE)

Listing ID

SR26212134

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:17
  • ▪ Bathrooms:17
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:16
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,556
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
0%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,555.56 $1,593.75 $0.00 $7,149.31
Yearly $66,666.67 $19,125.00 $0.00 $85,791.67
Total $2,000,000.00 $573,750.00 $0.00 $2,573,750.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Pasadena, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:39:01.000Z

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