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$3,825,000
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Property Description
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. 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.
Full Property Details
Full Property Details for 1728 Grevelia St
General
- Sold For: $3,825,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: WS24044685
- Added to Site: 697 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 8
Location
- Area: 658 - So. Pasadena
- County: Los Angeles
- Development Name: 658 - So. Pasadena
- Driving Directions: Take the exit for Fair Oaks Ave from FWY 110, then head south. Turn right onto Grevelia St.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Electric Meters: 8
Structural Information
- Entry Location: Main
- Square Feet: 6,880
- Year Built: 1951
Lot Features
- Lot Size (Acres): 0.2115
- Lot Size Source: Assessor
- Zoning: SPR310000*
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $555.96
- Price Per Unit: 487500
Listed by Compass, Jinglin YUE
Sold by Monica Vu, Broker, Monica Vu
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Schools
Schools serving 1728 Grevelia St
School District:South Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Marengo Elementary School 1400 Marengo Avenue, South Pasadena, CA 91030 | K-5 | 0.7 mi |
South Pasadena Middle School 1500 Fair Oaks Avenue, South Pasadena, CA 91030 | 6-8 | 0.8 mi |
South Pasadena Senior High School 1401 Fremont Avenue, South Pasadena, CA 91030 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1728 Grevelia St
Date
Details
Price
Change
Source
9/19/2024
Sold
$3,825,000
-1.92%
MLS
3/22/2024
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1728 Grevelia Street, South Pasadena, CA 91030 (MLS# WS24044685) is a Multi-Family property that was sold at $3,825,000 on September 19, 2024. Want to learn more about 1728 Grevelia Street? Do you have questions about finding other Multi-Family real estate for sale in South Pasadena? You can browse all South Pasadena real estate or contact a Coldwell Banker agent to request more information.

