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708 N El Molino

Pasadena, CA 91104
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Bed 4

Bed

Bath 4

Bath

SqFt8,632

Sqft(Lot)

708 & 700 N. El Molino Ave - Income Investment and Development Opportunity: Fully remodeled existing 2 UNITS (Single Family Home and ADU) PLUS Building Plans for adjacent lot development for ~1,600 Sq Ft Duplex (2- ~800 Sq Ft Units) located in highly desirable Olive Heights neighborhood of Pasadena. The main single-family home (708 N. El Molino Ave-APN5731010068) offers 3 bedrooms and 3 bathrooms, ~1,061 sq ft of living space with a completely detached fully permitted ADU, 1-bedroom, 1-bathroom ~440 Sq Ft with a full kitchen and living room with its own private address (710 N. El Molino Ave). The adjacent lot (700 N. El Molino Ave-APN 5731010069) is ~3,750 Sq Ft Lot zoned as PSR6 includes building plans and develop package for a Duplex (2- ~800 Sq Ft Units). Combined lot size of 8,632 Sq Ft. Both units have been renovated with the highest level of craftsmanship and attention to detail. Castlewood Oak waterproof plank flooring throughout with custom build baseboards and wall finishings. Kitchen is lined with new cabinetry, countertops, surrounded with designer tile backsplash, and premium stainless-steel appliances. Every bathroom has been tastefully reimagined with porcelain tile, new vanities with white quartz countertops, sleek 12x24 tile shower finishes, and premium fixtures. This property has so many OPTIONS whether you’re a homeowner looking to use this property for multi-generational living, Investors looking to utilize as an income producing property, or a hybrid of a homeowner living in one unit and making additional income on the second unit. Key Upgrades & Infrastructure: new 3-ton split AC unit, new 200-amp electrical panel serving both units, and completely updated outlets/switches. Fully replaced underground sewer lines and new main water lines. Brand-new asphalt shingle roof, comprehensive new insulation (roof, walls, and crawl space), repaired exterior stucco, and dual-pane windows throughout. Walking distance to award winning schools, local public transportation, shopping, and restaurants.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,750,000

AD Id : 91569182

MLS Id : OC26212268

Beds : 4

Lot Size : 8,632 Sq. Ft

Year Built : 1890

County : Los Angeles

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Feature Features

  • Interior Features

    QuartzCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
    Roof: Composition
    Appliances: Dishwasher, ElectricRange, GasRange, Microwave, WaterHeater
    Laundry Features: Inside
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1890
    Building Area Total: 1501
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 8632 Lot Size Acres: 0.1982 Lot Size Source: PublicRecords Lot Size Square Feet: 8,632 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $1750000
    Cash, CashToNewLoan, Conventional, CalVetLoan, FHA, FannieMae

  • Tax Information

    Parcel Number: 5731010068 Tax Lot: 2

  • Utility Information

    CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: Corner of Orange Grove and N. El Molino Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2152 E Washington, Pasadena, CA, 91104 $1,350,000 4 4 -- 8,118 Sq. Ft
1717 Atchison, Pasadena, CA, 91104 $1,400,000 6 3 -- 8,992 Sq. Ft
1498 E Topeka, Pasadena, CA, 91104 $1,150,000 4 2 -- 8,000 Sq. Ft
1625 Brigden, Pasadena, CA, 91104 $1,999,888 4 4 2,629 9,602 Sq. Ft

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ByOwner last updated this listing 09/30/2026 @ 21:53

MLS: OC26212268 LISTED BY: Jason ODonnell, O'Donnell Real Estate 949-873-3350 SOURCE: CRMLS

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