Pasadena, CA 91103 769 N Orange Grove Boulevard
$2,250,000
1 more
Presented By: David Altemus with The Altemus Company;
- MLS# 23305107
- 08/27/2023
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 3,395
Garage • 4
Home Details
Residential income in the highly desirable area of Pasadena. 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 teenagers and their families. The program is after school only and not overnight. Owner operates six additional facilities and is wanting to expand. Name of the program is Insight treatment.
Presented By: David Altemus with The Altemus Company;
Interior Features for 769 N Orange Grove Boulevard
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Total Stories2
General for 769 N Orange Grove Boulevard
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Dryer
Architectural StyleCraftsman
Attached Garage No
Buyer FinancingConventional
Cap Rate5.3
Carport Y/NNo
CityPasadena
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
DirectionsColorao Blvd. to Orange Grove Blvd.
Electric On Property Y/NNo
Entry LocationFoyer
Full Baths
Garage Spaces4.0
Garage Y/NYes
Gross Income10000.0
HOANo
HeatingCentral, ForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet10784.0
Lot Size UnitsSquareFeet
MLS Area645 - Pasadena (NW)
MobileHomeRemainsYNNo
Net Operating Income120000.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeOwner
Other StructuresGuestHouse
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSecurityGate, GatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tenant PaysCableTv, Electricity, ExteriorMaintenance, Gas, GroundsCare, Insurance, JanitorialService, Roof, Taxes, TrashCollection, Water
Year Built1905
ZoningPSR*
Exterior for 769 N Orange Grove Boulevard
Building Area Total3395.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60x180
Lot Size Acres0.2476
Lot Size Area10784.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesConvertedGarage, Driveway, ElectricGate
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate