PASADENA, CA—M West Holdings has purchased Orange Grove Circle from Orange Grove Circle Communities LLC. Located at 435 Orange Grove Circle in Pasadena, the multifamily property has 64 units and sits on six acres on the former Adolphus Busch Estate along Pasadena’s historic “Millionaire’s Row.”

The previous owners began upgrading the property, and were able to complete 19 units before the sale. M West Holdings plans to upgrade the remaining 45 units to position the property to benefit from the high demand for luxury properties in the area. In fact, demand for luxury multifamily is gaining momentum throughout the city, and is driving investors and developers to look for high-end opportunities in markets like Brentwood, West Hollywood and Bel Air.

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