$3,900,000 Price Analysis   ♡   South Pasadena, CA 91030 10 bed 8 bath 6,880 SqFt ($566/SqFt) 9,215SqFt lot. Built 1951 Listed 2024-03-22, Taxes $37,393 | Ⓧ USDA Ineligible due to price & location near South Pasadena |
Embark on a journey of discovery as you welcome the distinctive allure of 1728 Grevelia St
* Has Contingent Offer *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 inv estment opportunityit'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 strll 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 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) big 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 infinite 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.
Presented by Jinglin Yue at
COMPASS.
Property MLS #WS24044685 from CRMLS
Lot Size Acres: 0.2115473
Lot Size Source: Assessor
Lot Size Square Feet: 9215
Parking Total: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 2
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 2
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5164.00
Area: 658 - So. Pasadena
Source Neighborhood: 658 - So. Pasadena
Number of Separate Electric Meters: 8
Parcel Number: 5318003004
Postal Code Plus 4: 2769
Trash Expense: 1300.00
Zoning: SPR310000
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,193,400 + $1,785,000 $2,978,400 | $37,393 |
| 2021 | $1,170,000 + $1,750,000 $2,920,000 | $36,740 |
| 2020 | $905,148 + $2,112,012 $3,017,160 | $37,704 |
| 2019 | $887,400 + $2,070,600 $2,958,000 | $37,158 |
| 2018 | $870,000 + $2,030,000 $2,900,000 | $36,272 |
| 2017 | $149,971 + $68,421 $218,392 | $5,239 |
| 2016 | $147,031 + $67,080 $214,111 | $4,959 |
| 2015 | $144,823 + $66,073 $210,896 | $4,874 |
| 2014 | $141,987 + $64,779 $206,766 | $4,889 |
| 2013 | $141,346 + $64,487 $205,833 | $4,874 |
| 2012 | $138,575 + $63,223 $201,798 | $5,195 |
| 2010 | $135,858 + $61,984 $197,842 | $5,019 |
| 2009 | $135,164 + $61,668 $196,832 | $4,157 |
| 2009 | $134,843 + $61,521 $196,364 | $4,157 |
| 2008 | $132,514 + $60,459 $192,973 | $4,055 |
| 2007 | $129,916 + $59,274 $189,190 | $3,935 |
$3,900,000
CRMLS
Listing removed 2023-05-22
$0
CRMLS
Listed 2023-02-03
$3,500,000
CRMLS
Sold 2017-08-28
$2,900,000
Public Record
Listing removed 2014-04-10
$1,200
WestsideRentals
Listed for rent 2014-03-05
$1,200
WestsideRentals
Year Built: 1951
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Main
Property Age: 73
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.