Pasadena, CA 91103 769 N Orange Grove Blvd
$2,250,000
1 more
Presented By: David Altemus with The Altemus Company
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 Blvd
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Total Stories2
General for 769 N Orange Grove Blvd
AppliancesDishwasher, Disposal, Microwave, Dryer
Architectural StyleCraftsman
Buyer FinancingConventional
Cap Rate5.3
CityPasadena
Community FeaturesGated
CoolingCentral Air
CountyLos Angeles
Days on Market52
DirectionsColorao Blvd. to Orange Grove Blvd.
Entry LocationFoyer
Garage Spaces4
Garage Y/NYes
Gross Income10000
HOA / Comm AssnNo
HeatingCentral, Forced Air
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet10784
Lot Size UnitsSquare Feet
MLS Area645 - Pasadena (NW)
Net Operating Income120000
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeOwner
Other StructuresGuest House
Pool FeaturesNone
Property TypeResidential Income
Security FeaturesSecurity Gate, Gated Community
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Standard StatusActive Under Contract
StatusActive Under Contract
Stories2
Tenant PaysCable TV, Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Janitorial Service, Roof, Taxes, Trash Collection, Water
Year Built1905
ZoningPSR*
Exterior for 769 N Orange Grove Blvd
Building Area Total3395
Foundation DetailsRaised
Lot Dimensions60x180
Lot Size Acres0.2476
Lot Size Area10784
Number of Buildings2
Parking FeaturesConverted Garage, Driveway, Electric Gate
SpaNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480