South Pasadena, CA 91030,1728 Grevelia ST
South Pasadena, CA 91030,1728 Grevelia ST
South Pasadena, CA 91030,1728 Grevelia ST
South Pasadena, CA 91030,1728 Grevelia ST
South Pasadena, CA 91030,1728 Grevelia ST
South Pasadena, CA 91030,1728 Grevelia ST
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$3,825,000

Est.Price: ?

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Est. payment /mo

9,212 Sqft Lot


SOLD DATE : 08/31/2024

Key Details

Sold Price $3,825,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24044685

Sold Date 08/31/24

HOA Y/N No

Year Built 1951

Lot Size 9,212 Sqft

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. 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.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPR310000*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban, Valley

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5318003004

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jinglin YUE • COMPASS • 310-388-3761
Bought with Monica Vu • Monica Vu, Broker
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 294-0414

randy@randyplaice.com

25101 The Old Road Suite 240, Ranch, Ca, 91381, United States

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