1728 Grevelia Street, South Pasadena

$3,900,000

Click the arrows next to the image to browse our photo gallery for this property.

10 Beds
8 Baths
.21 Acre
8 Garages

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.

Essential Information

MLS® #
WS24044685
Price
$3,900,000
Bedrooms
10
Bathrooms
8.00
Acres
0.21
Year Built
1951
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
1728 Grevelia Street
Area
658 - So. Pasadena
City
South Pasadena
County
Los Angeles
Zip Code
91030
Community Features
Suburban, Valley
Senior Community
N

Amenities

Parking Spaces
8
# of Garages
8
Pool
None

Interior

# of Stories
2

Additional Information

Date Listed
February 21st, 2024
Days on Market
58
Zoning
SPR310000*

Listing Details

Agent
Jinglin Yue
Office
COMPASS

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 2:21am PDT. 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, 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.