Historic Orange Grove Manor Apartments Sold for $9.5 Million

first_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Name (required)  Mail (required) (not be published)  Website  Make a comment Business News Historic Orange Grove Manor Apartments Sold for $9.5 Million Property trades in excess of the listing price From STAFF REPORTS Published on Monday, January 12, 2015 | 11:36 am Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes More Cool Stuff Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Top of the News center_img Your email address will not be published. Required fields are marked * Herbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeauty8 Gift Ideas Your New BF Will Definitely LikeHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeauty11 Yummy Spices For A Flat TummyHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyA 74 Year Old Fitness Enthusiast Defies All Concept Of AgeHerbeautyHerbeauty First Heatwave Expected Next Week Community News Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. A private investor has acquired The South Orange Grove Apartments, a historic four-building property totaling 20 units that sits on what was Millionaire’s Row along the Rose Parade route in Pasadena, CA, according to Jim Fisher and Mike Smith, principals of Lee & Associates-LA North/Ventura, www.lee-associates.com who represented the seller, an entity of City Ventures.The property, at 164, 168, 172, 176 and 180 S. Orange Grove Blvd., drew multiple offers and sold for several hundred thousand dollars over the listing price of $9.5 million. Additional details and terms of the sale were not disclosed.“The multifamily sector is so active that just about every property is commanding a premium over the listing price these days,” said Fisher. “We don’t see that changing until there’s a significant rise in the cost of money.”The South Orange Grove Apartments were the first multifamily structures to be constructed on South Orange Grove Boulevard following a zoning change in 1948. Their construction in 1949-1950 interrupted what had been known as Millionaire’s Row, characterized by the 50 or so mansions that were constructed along the boulevard beginning in the 1920s when prominent families built vacation homes there to escape the winter climates to the east and north. Among the homes on Millionaire’s Row were The Gamble House (Procter & Gamble) The Bissell House (carpet sweepers and more recently vacuums) and Wrigley (gum) Mansion.“Besides the tremendous historical significance, this property is highly attractive to investors because of its character and features,” said Smith. “Most of the units have wood-burning fireplaces, hardwood floors and crown molding, in-unit washers and dryers and they average about 1,300 square feet, features that are very much in demand by renters. Each unit also has a front and rear entrance, something you just don’t see in today’s product.”The buyer, Unison Investment Co., was self-represented in the transaction. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS 9 recommended0 commentsShareShareTweetSharePin it last_img read more

RIT’s Maugeri out-hustles Orange for 2 goals, assist as Tigers down SU in overtime

first_img Facebook Twitter Google+ Published on January 24, 2015 at 12:54 am Contact Chris: [email protected] | @ChrisLibonati ROCHESTER, N.Y. — The Rochester Institute of Technology players piled over the boards and circled around Emilee Bulleid, who had just scored the game-winning goal against Syracuse.Earlier, it had been Marissa Maugeri who kept the game-winning possession alive. Having already been on the ice for two minutes in overtime and her line change already past due, she caught the puck on her skate, beat out an SU player on the boards and dumped the puck below the net.Forty seconds later, Bulleid blasted her second goal of the night.Maugeri scored two goals and assisted on another to lead RIT (9-14-3, 3-8-1 College Hockey America) to a 4-3 win over SU (6-12-8, 4-4-4) on Friday night, but it was the gritty play that ultimately ended the back-and-forth game. While her shift ended and she wasn’t on the ice for the winning goal, her stamp on the game was permanent. In her last six games against SU — four have been wins — she’s tallied 10 points.“She’s just not one of those girls that’s looking to score goals,” Syracuse head coach Paul Flanagan said. “She works her tail off to get the puck… some of our kids should emulate the way she plays.”AdvertisementThis is placeholder textThe Orange brings out the best in Maugeri because she sees the game as a rivalry. To beat SU, Maugeri did a little bit of everything in addition to her offense: she scored, assisted on a goal, dug the puck out of corners, took faceoffs and played on the penalty kill, clearing the puck out of RIT’s defensive zone multiple times.Sometimes for Maugeri, it was simply that she matched SU’s hustle. Players chased Maugeri into corners and rarely came out with the puck.In the first period, she roared into the offensive zone, but the Orange’s Julie Knerr splayed her body on the ice, deflecting a pass that ricocheted behind the net. Maugeri rushed behind the net, saw teammates flying toward the goal and flung the puck in front. In Maugeri’s estimation, it was a combination of luck and hustle that Bulleid scored her first goal of the night.Maugeri positioned herself well for pucks on the boards by using both her speed and maneuvering her body between the puck and the opponent. At times she slithered and squeezed through tight spaces.As a four-player scrum battled behind the net, Maugeri fit between the scrum and the net, stuck her stick on the right side of the group and, with a few tugs, popped the puck free.“She just won’t be denied,” RIT head coach Scott McDonald said. “… If there’s a loose puck, she’s that fast and strong, and she’s not afraid of anybody, and she plays that way.”Although Maugeri was one of the most diminutive players on the ice at 5 feet, 3 inches, she still frustrated the Orange at every turn — and possibly SU defender Megan Quinn the most. In the second period, Quinn was confused on who she had to defend, and Maugeri sat near the crease unattended to. She slapped a pass into the net, past SU goalie Jenn Gilligan.Maugeri and three teammates huddled behind the net in celebration. The lone RIT player not yet in the huddle ran into Quinn and the shoving match that ensued sent both players to the ice. Quinn skated away, dragging her stick until she whacked it on the ice.“Every goal they scored, we had a goal to respond,” Maugeri said. “… We knew it was our game.”CORRECTION: In an earlier version of this story, Marissa Maugeri’s last name was misspelled in the headline. The Daily Orange regrets this error. Commentslast_img read more