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1388 Orange Grove, Pasadena, CA 91104

5 Bed, 4 Bath Multi-Family Home For Sale

1388 Orange Grove, Pasadena, CA 91104 House For Sale - MLS #17229898
Sold
$1,000,000
5
4
Multi-Family
4 Family
This listing is courtesy of Filip Niculete from Marcus & Millichap.

Property Description for 1388 Orange Grove, Pasadena, CA 91104

We are pleased to present 1388 E Orange Grove Blvd located in Pasadena, CA. This quadruplex was built in 1948 and is not subject to rent control. The unit mix consists of three 1-bed 1-bath and one 2-bed 1-bath units. There are 3 carport spaces and 2 surface spaces available. The property benefits greatly from visibility, as it is on the southwest corner of Orange Grove Blvd and Hill Ave. There is also over 20% rental upside a new owner can capitalize on. The location is a mainstream, solid apartment rental corridor, minutes from the freeway. Old Town Pasadena is just minutes away by car and offers some of LA's finest dining, retail, and entertainment. It is also a major employment center within the San Gabriel Valley. Pasadena continues to be among the most desirable apartment markets in Southern California because of its high concentration of businesses, educational institutions, attractive neighborhoods, and cultural and commercial facilities.

Interior Details

2,287 sq. ft.
$437.25/sq. ft.
Other

Exterior Details

0.19 acres
8,071 sq. ft.
5

Other Details

17229898
1948

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,400     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,375     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,300     

Unit #4
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,200     

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Town Description

Pasadena (pronounced /ˌpæsəˈdiːnə/) is a city in Los Angeles County, California, United States. Although famous for hosting the annual Rose Bowl football game and Tournament...

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