Active

1728 Grevelia Street

South Pasadena CA, 91030

$3,900,000


$566.86 per sqft

Active

6,880 sqft

Condo

Built in 1951

Listed by Jinglin YUE with 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.

WS24044685

MLS ID

March 22, 2024

Listed

May 25, 2024

Updated

Map

1728 Grevelia Street
South Pasadena CA, 91030

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres


Sewer

Public Sewer

Other Property Details

Area Name

658 - So. Pasadena


Days on Market

35


Garage

Yes


Garage Spaces

8


Parking Total

8


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SPR310000*


Buyer Agency Compensation

2.5%

Listing Contact: 310-230-5478 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:36 AM UTC

 

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