South Pasadena, CA 91030 1728 Grevelia Street

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Presented By: Jinglin YUE with COMPASS; 310-388-3761
  • MLS# WS24044685
  • 03/22/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 8
  • FootageSQFT • 6,880
  • GarageGarage • 8

Home Details

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.
Presented By: Jinglin YUE with COMPASS; 310-388-3761

Interior Features for 1728 Grevelia Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1728 Grevelia Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySouth Pasadena
Community FeaturesSuburban, Valley
CountyLos Angeles
Days on Market35
DirectionsTake the exit for Fair Oaks Ave from FWY 110, then head south. Turn right onto Grevelia St.
Entry LocationMain
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income227196.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense5164.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet9215.0
MLS Area658 - So. Pasadena
MobileHomeRemainsYNNo
Net Operating Income172657.0
New ConstructionNo
Number of Units Leased5
Operating Expense54539.6
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameGrevelia
Tax Lot32
Total Actual Rent18933.0
Total Units8
Trash Expense1300.0
View Y/NNo
Water Sewer Expense4328.8
Waterfront Y/NNo
Year Built1951
Year Built SourceAssessor
ZoningSPR310000*

Exterior for 1728 Grevelia Street

Building Area Total6880.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2115
Lot Size Area9215.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,900,000
MLS#WS24044685
List Date 03/22/2024
Property Type Multi-Family
Phone 714.964.3311
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