• 1728 Grevelia Street South Pasadena, CA 91030

  • $3,900,000
  • 0
    Bed(s)
  • 0
    Baths
  • 6,880
    Sq Ft
  • 9215
    Sqft
  • Listed By: Jinglin YUE, COMPASS, DRE #02083986
  • Source: CRMLS

Embark on a journey of discovery as you welcome the distinctive allure of 1728 Grevelia St, situated on the renowned Grevelia Street in South Pasadena, CA 91030. Enjoying an enviable location in one of the city's most sought-after neighborhoods, this residence offers more than a mere investment opportunity—it's an invitation to be part of an affluent community and embark on a lucrative real estate journey. Uniquely positioned at the crossroads of Fair Oaks Ave and Grevelia Street, within a leisurely stroll to the vibrant Fair Oaks Ave Retail corridor and the charming Mission Street Downtown District, this property is a standout in terms of location, promising sustained demand and high occupancy rates. The strategic placement ensures not only convenience for residents but also maximizes the property's visibility, enhancing its long-term value. Constructed in 1951, this two-story garden-style apartment exudes timeless elegance, preserving a piece of South Pasadena's rich history. The unit mix is a careful curation, featuring two (2) spacious 2-bed+1-bath residences and six (6) generously-sized 1-bed+1-bath units, all adorned with abundant natural light, creating a desirable living environment for tenants. Parking is effortlessly managed with designated carport spaces at the rear of the property, ensuring convenience and security. Each unit is meticulously designed with original hardwood floors, laminate countertops, tiled bathrooms, individual water heaters, and ample storage cabinets, marrying classic aesthetics with modern functionality. Recent major capital improvements have significantly enhanced the property's overall appeal, showcasing a commitment to quality and ensuring minimal future maintenance costs for the discerning investor. This, coupled with the carefully curated unit mix and strategic location, positions 1728 Grevelia Street as a unique investment opportunity with substantial upside potential. Explore the allure of future value appreciation and secure your stake in this distinguished property. Contact us now to schedule a private viewing and delve into the endless possibilities that 1728 Grevelia Street holds. Don't miss your chance to transform this property into your next real estate success story and enjoy the unparalleled benefits of owning a piece of South Pasadena's rich history.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1951

Building Area Total: 6,880

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2115

Lot Size Source: Assessor

Lot Size Square Feet: 9215

Listing Price Information

Original List Price: 3,900,000

Listing Contract Date: 2024-02-21

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5318003004

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 658 - So. Pasadena

Postal Code Plus 4: 2769

Directions: Take the exit for Fair Oaks Ave from FWY 110, then head south. Turn right onto Grevelia St.

Zoning: SPR310000*

Source Property Type: Residential Income

Area: 658 - So. Pasadena

Property SubType: Apartment

Building and Construction

Property Age: 73

Common Walls: 2+ Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: Main

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1020 El Centro Street, South Pasadena, CA,91030 $15,500,000 -- -- -- 47916 Sqft
1000 Buena Vista Street, South Pasadena, CA,91030 $6,100,000 7 2 7,323 30825 Sqft
1829 Gillette, South Pasadena, CA,91030 $2,200,000 3 2 1,839 7908 Sqft
80 Monterey Road, South Pasadena, CA,91030 $1,600,000 -- -- -- 18504 Sqft
2030 Hanscom Drive, South Pasadena, CA,91030 $2,848,000 4 5 4,200 10656 Sqft
825 Columbia Street, South Pasadena, CA,91030 $2,499,000 4 2 2,460 9852 Sqft
2123 Hanscom Drive, South Pasadena, CA,91030 $350,000 -- -- -- 3816 Sqft
633 Park Avenue, South Pasadena, CA,91030 $1,985,000 -- -- 3,805 8251 Sqft
909 El Centro Street #103, South Pasadena, CA,91030 $699,000 1 -- 660 --
1735 Hanscom Drive, South Pasadena, CA,91030 $6,980,000 6 6 7,440 11549 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/05/2024 @ 23:29

MLS: WS24044685
LISTED BY: Jinglin YUE, COMPASS
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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