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.
Under contract
$2,250,000
769 N Orange Grove Blvd, Pasadena, CA 91103
6beds
4baths
3,395sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$1,785,300 Zestimate®
$663/sqft
$-- HOA
What's special
- 692 days
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: October 18, 2023 at 07:08am
Listed by:
David Altemus DRE # 00317067 310-478-7727,
The Altemus Company 310-478-7727
Source: CLAW,MLS#: 23-305107
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave
Features
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 3,395
- Total interior livable area: 3,395 sqft
Property
Parking
- Total spaces: 8
- Parking features: Auto Driveway Gate, Air Conditioned Garage, Driveway, Converted Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Foyer
- Pool features: None
- Spa features: None
Lot
- Size: 10,785.46 Square Feet
- Dimensions: 60 x 180
Details
- Additional structures: Guest House
- Parcel number: 5726018028
- Zoning: PSR*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Foundation: Raised
- Roof: Asphalt
Condition
- Year built: 1905
Utilities & green energy
- Sewer: In Street
- Water: District
Community & HOA
Community
- Security: Security Lights, Automatic Gate, Gated, Prewired, Alarm System
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $663/sqft
- Tax assessed value: $1,387,554
- Annual tax amount: $16,595
- Date on market: 8/27/2023
- Total actual rent: 120000
- Tenant pays: HVAC Maintenance, Cable TV, Electricity, Exterior Maintenance, Grounds Care, Gas, Insurance, Interior Maint, Janitorial Service, Parking Lot Maint, Roof, Hot Water, Water, Trash Collection, Taxes
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