1745 Grevelia Street, South Pasadena, CA 91030
Contact Silva Babaian
Schedule A Showing
Request more information
- MLS#: AR24107060 ( Apartment )
- Street Address: 1745 Grevelia Street
- Viewed: 9
- Price: $8,600,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 0
- Days On Market: 209
- Additional Information
- County: LOS ANGELES
- City: South Pasadena
- Zipcode: 91030
- Provided by: Growth Investment Group Pasade
- Contact: Han Han
- DMCA Notice
-
DescriptionGrevelia Gardens, a beautifully updated 20 unit apartment in a superb location in the City of South Pasadena, California. The property offers a superb location on the south side of Grevelia Street (not abutting FWY110), crossing Fair Oaks Ave and just within walking distance to Fair Oaks Ave Retail corridor and Mission Street Downtown District, Garfield Park, and only several blocks away from the City of San Marino. It has a Walk Score 87 out of 100, demonstrating a high walkability to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. It is also located within the South Pasadena School District with its superb demographics and an average household income of $180,692 within a mile radius. Arguably one of the best apartments in South Pasadena, the property is a beautifully upgraded garden style apartment with an attractive center courtyard. It was built in 1947 and updated in 2024. Its center courtyard has a manicured and very well maintained landscaping, where each unit has its own garden atmosphere. It has a total of 14,100SF building area and on a large 24,678 SF Lot size. The property offers an excellent unit mix of four (4) large 2bed+1.75bath and sixteen (6) large 1bed+1bath units. All units are large with plenty of natural light and windows. Each unit has an excellent layout with an original hardwood floor, smooth ceiling, custom color paint in some units, plenty of storage cabinets, and much more. Five units have been completely upgraded with a new kitchen, in unit stacked laundry machine, new bathroom, new ductless mini split A/C system, and much more. The brand new kitchen has a high end kitchen cabinet with quartz countertops, stainless steel appliances, and a dishwasher. Each unit has a dining area complete with ceiling fans. The updated units have mini split A/C and ceiling fans in the bedroom. Owners have made a lot of major improvements such as a new driveway, new exterior paint, improvements to the landscaping, completely upgraded several units (with updated electrical, etc.). Parking is provided by 20 garage parking (1 for each unit), and its own driveway (no shared driveway). Each unit is individually metered for electricity and gas and the building has a shared laundry room.
Property Location and Similar Properties
Features
Accessibility Features
- None
Appliances
- Gas Range
Architectural Style
- Ranch
Assessments
- Buyer to Verify
Association Fee
- 0.00
Building Area Total
- 0.00
Carport Spaces
- 0.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Wall/Window Unit(s)
Country
- US
Days On Market
- 132
Current Financing
- Conventional
Direction Faces
- North
Electric
- Standard
Electric Expense
- 2340.00
Fireplace Features
- None
Flooring
- Laminate
- Vinyl
- Wood
Fuel Expense
- 7577.00
Garage Spaces
- 20.00
Gardner Expense
- 4800.00
Heating
- Wall Furnace
Insurance Expense
- 9982.00
Laundry Equipment Own Lease
- Lease
Laundry Features
- Common Area
- Community
- Dryer Included
- Gas Dryer Hookup
- Stackable
- Washer Hookup
- Washer Included
Laundry Income
- 4200.00
Levels
- Two
Lockboxtype
- None
- See Remarks
Lot Features
- Lot 20000-39999 Sqft
- Rectangular Lot
- Near Public Transit
Netoperatingincome
- 357531.00
Newtaxesexpense
- 99356.00
Number Of Separate Electric Meters
- 21
Number Of Separate Gas Meters
- 21
Number Wallac
- 20
Number With Disposal
- 20
Number With Range
- 20
Number Wit Hrefrigerator
- 20
Parcel Number
- 5318005035
Parking Features
- Assigned
- Paved
- Garage
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Property Condition
- Updated/Remodeled
Road Frontage Type
- City Street
Road Surface Type
- Paved
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 415586708:CRM
Spa Features
- None
Tenant Pays
- Electricity
- Gas
Totalactualrent
- 43391.00
Totalexpenses
- 177166.00
Trash Expense
- 11101.00
Uncovered Spaces
- 0.00
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
Water Sewer Expense
- 7864.00
Water Source
- Public
Year Built
- 1947
Year Built Source
- Assessor
Zoning
- SPR310000*