Thank you
Jinglin Yue
COMPASS
310-230-5478
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.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1951
Building Area Total: 6,880
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2115
Lot Size Source: Assessor
Lot Size Square Feet: 9215
Original List Price: 3,900,000
Listing Contract Date: 2024-02-21
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5318003004
Lease Term: Negotiable
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
Property Age: 73
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Main
Property Attached: Yes
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 |
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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.