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Stacey Alysson Melman

1222 E Orange Grove
Pasadena, CA, 91104
$2,500,000
Beds
0 Baths
0 SqFt
0.35 Acres
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MLS #SR26212134 image #0
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.
AGENT: Bill Toth
LISTING BROKERAGE: First Class Real Estate
1222 E Orange Grove
Pasadena, CA

Property Details

Price:
$2,500,000
MLS #:
SR26212134
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
646pasadenane
Listed Date:
Oct 8, 2026
Total Sq Ft:
10,272
Lot Size:
15,288 sqft / 0.35 acres (approx)
Year Built:
1965
646 – Pasadena (ne)646pasadenaneNeighborhood
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Schools

Interior

Laundry Features
CM
Levels
A

Exterior

Common Walls
_2CW
Community Features
SDW, SL
Parking Spots
16
Parking Total
16
Spa Features
NO
View
NE

Financial

Net Operating Income
$169,955

Map

Community

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