• 769 N Orange Grove Boulevard Pasadena, CA 91103

  • $2,250,000
  • 6
    Bed(s)
  • 0
    Baths
  • 3,395
    Sq Ft
  • 10784
    Sqft
  • Listed By: David Altemus, The Altemus Company, DRE #00317067
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Other

Interior Features

Property Appliances: Dishwasher,Disposal,Microwave,Dryer

Fireplace: Living Room

Flooring: Wood

Cooling Features

Central Air

Air Conditioning

Heating Source

Central,Forced Air

Has Heating

Fireplace

Fireplace Features: Living Room

Has Fireplace: 1

Building Information

Year Built: 1905

Building Area Total: 3,395

Foundation

Raised

Security Features

Security Gate,Gated Community

Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2476

Lot Size Dimensions: 60x180

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 10784

Listing Price Information

Original List Price: 2,250,000

Listing Contract Date: 2023-08-27

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5726018028

Garage and Parking

Garage Description: Converted Garage,Driveway,Electric Gate

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Exterior Maintenance,Gas,Grounds Care,Insurance,Janitorial Service,Roof,Taxes,Trash Collection,Water

Other Property Info

Source Listing Status: Active Under Contract

Source Neighborhood: 645 - Pasadena (NW)

Postal Code Plus 4: 3331

Directions: Colorao Blvd. to Orange Grove Blvd.

Zoning: PSR*

Source Property Type: Residential Income

Area: 645 - Pasadena (NW)

Building and Construction

Property Age: 119

Year Built Source: Vendor Enhanced

Total Square Feet Living: 3395

Entry Location: Foyer

Levels or Stories: Two

Building Total Stories: 2

Homes around $2,250,000

Nearby Home Value

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1415 Edgehill Place, Pasadena, CA,91103 $3,388,000 4 2 5,122 30945 Sqft
1614 Navarro Avenue, Pasadena, CA,91103 $825,000 2 2 1,109 4375 Sqft
1940 Linda Vista, Pasadena, CA,91103 $325,000 -- -- -- 14501 Sqft

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ByOwner last updated this listing 05/02/2024 @ 12:57

MLS: 23305107
LISTED BY: David Altemus, The Altemus Company
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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