769 N Orange Grove Blvd

Pasadena, CA 91103

$2,250,000
Price
6
Beds
4
Baths
3,395 Sq. Ft.
$663 / Sq. Ft.
3,395
Sq. Ft.
$663
per Sq. Ft.
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Active Under Contract
Active Under Contract
a front view of a house with a yard
a living room with furniture a window and a fireplace
a living room with patio chairs and a chandelier
a view of a workspace with furniture and a window
a living room with furniture and wooden floor
a living room with furniture and a large window

Description

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.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.
  1. Listed by David Altemus • DRE #00317067 • Brokerage DRE #00317067 • The Altemus Company

Property Details for 769 North Orange Grove Boulevard

Zoning
PSR*
Style
Craftsman
Parcel Number
5726018028
Total Units
2.0
Living Area
3395
Source Living Area
Vendor Enhanced
Area
Pasadena NW (645)
Vacancy Rate
0
LISTING UPDATED: 10/18/2023 02:08 PM

Property Details for 769 North Orange Grove Boulevard

StatusActive Under Contract
MLS #23-305107
Days on Market533
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.25 AC / 10,784 SF
CountyLos Angeles County
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Location

Listing Courtesy of The Altemus Company, David Altemus, DRE #00317067
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Building Information for 769 North Orange Grove Boulevard

Stories2Residences-Year Built1905Building Size-Lot Size0.25 AC / 10,784 SF

Payment Calculator

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$12,949 per month

30 year fixed, 6.11% Interest

Principal and Interest

$10,920

Property Taxes

$2,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 769 North Orange Grove Boulevard

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: residential
  • Security Features: Exterior Security Lights, Automatic Gate, Gated, Prewired for alarm system
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Conventional
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $120,000
  • Net Operating Income: $120,000.00
  • Gross Income: $10,000
  • Gross Scheduled Income: $0
  • Cap Rate: 5.30%
  • Gross Rent Multiplier: $10.00
  • Actual Annual Gross Rent: $120,000.00
  • Actual Gross Annual Income: $120,000
  • Actual Rent Total: $120,000.00
  • Total Annual Expense: 0
  • Expense Maintenance Percent: $.00
  • Expense Operating Percent: $.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.2476
  • Lot Size Square Feet: 10784
  • Lot Size Dimensions: 60x180
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate, Air Conditioned Garage, Driveway, Converted Garage
  • Total Parking: 8
  • Covered Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Auto Driveway Gate, Driveway, Converted Garage
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Air Conditioning, Central
  • Cooling Type: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Heating Type: Central, Forced Air
  • Flooring: Wood
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave
  • Laundry: Dryer Included
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Asphalt
  • Entry Location: Foyer
  • New Construction: No
  • Foundation Details: Raised
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 08-27-2023
  • Listing Terms: Cash, Cash To New Loan, Conventional
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Exterior Maintenance, Gardener, Gas, Insurance, Interior Maint, Janitorial Service, Parking Lot Maint, Roof, Hot Water, Water, Trash Collection, Taxes
Unit Details
Unit 1 Information
  • Unit Beds: 5
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $10,000.00
  • Unit Actual Rent: $10,000.00
  • Unit Projected Rent: $10,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $346,888.00
  • Assessed Improvement Percent: 25.0
  • Assessed Land Value: $1,040,666.00
  • Assessed Land Percent: 75
  • Assessed Total Value: $1,387,554.00

Property History for 769 North Orange Grove Boulevard

DateEvent & SourcePriceAppreciation
Feb 15, 2024

Sold (Public Record)

Public Record #1527869999

$2,050,000

+8.9% / yr

Oct 16, 2023

Accepting Backup Offers

CLAW #23-305107

—
Oct 16, 2023

Accepting Backup Offers

CRMLS #23305107

—
Aug 27, 2023

Listed (Active)

CLAW #23-305107

$2,250,000—
Aug 27, 2023

Listed (Active)

CRMLS #23305107

$2,250,000—
Dec 24, 2018

Sold (Public Record)

Public Record #637079200

$1,320,000—
Jan 15, 2014

Expired

VCF #P0-22179814

$1,038,000—
Sep 11, 2013

Listed (Active)

VCF #P0-22179814

$1,038,000—
Nov 17, 2009

Expired

CRMLS #P0-22129362

—
Nov 17, 2009

Expired

CLAW #22129362IT

—
Nov 16, 2009

Expired

VCF #P0-22129362

$920,000—
Sep 8, 2009

Listed (Active)

VCF #P0-22129362

$920,000—
Sep 8, 2009

Listed (Active)

CRMLS #P0-22129362

$920,000—
Sep 8, 2009

Listed (Active)

CLAW #22129362PF

$920,000—
Sep 8, 2009

Listed (Active)

CLAW #22129362IT

$920,000—
Jun 15, 2009

Expired

CRMLS #22124009

$989,000—
Jun 15, 2009

Expired

CLAW #22124009IT

—
Jun 14, 2009

Expired

VCF #P0-22124009

$989,000—
May 14, 2009

Withdrawn / Cancelled

CRMLS #P0-22124009

—
Apr 21, 2009

Listed (Active)

CRMLS #P0-22124009

$989,000—
Apr 21, 2009

Listed (Active)

VCF #P0-22124009

$989,000—
Apr 21, 2009

Listed (Active)

CLAW #22124009IT

$989,000—
Apr 21, 2009

Listed (Active)

CLAW #22124009PF

$989,000—
Nov 9, 2007

Expired

CRMLS #22097074

$1,300,000—
Nov 8, 2007

Expired

CLAW #22097074IT

$1,300,000—
Nov 8, 2007

Expired

VCF #P0-22097074

$1,300,000—
Sep 11, 2007

Listed (Active)

CLAW #22097074IT

$1,300,000—
Sep 10, 2007

Listed (Active)

VCF #P0-22097074

$1,300,000—
Sep 10, 2007

Listed (Active)

CRMLS #P0-22097074

$1,300,000—
Sep 10, 2007

Listed (Active)

CLAW #22097074PF

$1,300,000—
Jun 15, 2006

Expired

VCF #P0-22064913

$1,088,000—
Dec 8, 2005

Listed (Active)

VCF #P0-22064913

$1,005,000—
DateEvent & SourcePrice
02/15/2024

Sold (Public Record)

Public Record #1527869999

$2,050,000

+8.9% / yr

10/16/2023

Accepting Backup Offers

CLAW #23-305107

—
10/16/2023

Accepting Backup Offers

CRMLS #23305107

—
08/27/2023

Listed (Active)

CLAW #23-305107

$2,250,000
08/27/2023

Listed (Active)

CRMLS #23305107

$2,250,000
12/24/2018

Sold (Public Record)

Public Record #637079200

$1,320,000
01/15/2014

Expired

VCF #P0-22179814

$1,038,000
09/11/2013

Listed (Active)

VCF #P0-22179814

$1,038,000
11/17/2009

Expired

CRMLS #P0-22129362

—
11/17/2009

Expired

CLAW #22129362IT

—
11/16/2009

Expired

VCF #P0-22129362

$920,000
09/08/2009

Listed (Active)

VCF #P0-22129362

$920,000
09/08/2009

Listed (Active)

CRMLS #P0-22129362

$920,000
09/08/2009

Listed (Active)

CLAW #22129362PF

$920,000
09/08/2009

Listed (Active)

CLAW #22129362IT

$920,000
06/15/2009

Expired

CRMLS #22124009

$989,000
06/15/2009

Expired

CLAW #22124009IT

—
06/14/2009

Expired

VCF #P0-22124009

$989,000
05/14/2009

Withdrawn / Cancelled

CRMLS #P0-22124009

—
04/21/2009

Listed (Active)

CRMLS #P0-22124009

$989,000
04/21/2009

Listed (Active)

VCF #P0-22124009

$989,000
04/21/2009

Listed (Active)

CLAW #22124009IT

$989,000
04/21/2009

Listed (Active)

CLAW #22124009PF

$989,000
11/09/2007

Expired

CRMLS #22097074

$1,300,000
11/08/2007

Expired

CLAW #22097074IT

$1,300,000
11/08/2007

Expired

VCF #P0-22097074

$1,300,000
09/11/2007

Listed (Active)

CLAW #22097074IT

$1,300,000
09/10/2007

Listed (Active)

VCF #P0-22097074

$1,300,000
09/10/2007

Listed (Active)

CRMLS #P0-22097074

$1,300,000
09/10/2007

Listed (Active)

CLAW #22097074PF

$1,300,000
06/15/2006

Expired

VCF #P0-22064913

$1,088,000
12/08/2005

Listed (Active)

VCF #P0-22064913

$1,005,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 769 North Orange Grove Boulevard

Taxable ValueLand$1,567,740Additions$523,260Total$2,091,000
Tax Record2025$24,353 ($2,029 / month)
Home Facts
Total Finished SqFt3,395 SqFtAbove Grade Finished SqFt3,395 SqFtStories2Lot Size10,784 SqFtStyleDuplexYear Built1905ZoningPSR*CountyLOS ANGELESAPN5726-018-028

Schools near 769 North Orange Grove Boulevard

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Pasadena Rosebud Academy
Charter - K to 8
Octavia E. Butler Magnet School
Public - 6 to 8
John Muir High School
Public - 9 to 12
Learning Works School
Charter - 7 to 12
Rating
School
Distance
Pasadena Rosebud Academy
CharterK to 8

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Learning Works School
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Altemus Company, David Altemus, DRE #00317067

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.