1222 E Orange Grove Pasadena, CA $ 2,500,000
1222 E Orange Grove
$ 2,500,000
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1222 E Orange Grove

Pasadena, CA, 91104
$ 2,500,000
Bedrooms-- Baths1.0 Sq 10,272

Monthly Estimate*

$ 17,267

Listed by Bill Toth, First Class Real Estate, bill@billtoth.com
1222 E Orange Grove, Pasadena, CA 91104 - Image 1
1222 E Orange Grove, Pasadena, CA 91104 - Image 2
1222 E Orange Grove, Pasadena, CA 91104 - Image 3

Multi-Family Home for sale in Pasadena, CA

for $2,500,000 with 1 full bath. This 10,272 square foot home was built in 1965 on a lot size of 0.351.

Excellent multifamily investment opportunity featuring a 14-unit apartment building in Pasadena. Offering long-term upside, this property presents an attractive opportunity for investors looking to expand their Southern California portfolio. One unit will be delivered vacant at closing, providing the new owner with the opportunity to renovate, reposition, or lease the unit at current market rent, subject to applicable regulations. The remaining units provide an established rental income stream from day one. Conveniently located near shopping, dining, transportation, and the many amenities Pasadena has to offer, the property benefits from its desirable location and access to major employment and entertainment centers throughout the San Gabriel Valley and greater Los Angeles area. With 14 units, existing rental income, and one unit delivered vacant, this property offers a compelling combination of immediate cash flow and future value-add potential for a multifamily investor.

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Multi-Family Active

Price

$ 2,500,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.351

Year Built

1965

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

SR26212134

Days on Market

7

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1965
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 1550
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 169955
Operating Expense 34269
Insurance Expense 8875
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Between Michigan and Chester Ave
City Pasadena
Entry Location 1
Senior Community Y/N false
Number Of Units Total 14
MLS Area 646 - Pasadena (NE)
Lot Size Units Square Feet
Lot Size Square Feet 15288
Carport Spaces 16
Carport Y/N true
Number of Units Leased 13
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 3668
Trash Expense 6390
Water Sewer Expense 12596
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 202764
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Water Source Public
Total Parking 16
Lot Size Area 15288
Number of Buildings 1
Spa false
Building Area Total 10272
Lot Size Acres 0.351
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 14
Number of Separate Electric Meters 14
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* Excluded Features
List By
Bill Toth

Listing Agent

First Class Real Estate

Broker

bill@billtoth.com

Email

Affordability Calculator

$17,267
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$2,500,000 Listed Price

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1222 E Orange Grove, Pasadena, CA, 91104 is a Multi-Family Home for sale at $2,500,000 with 10,272 sqft and a lot size of 0.351. 1222 E Orange Grove has 1.0 baths and was built in 1965. The property's zip code is 91104 which is in Pasadena, CA