Income Home for Sale in South Pasadena, California

1745 Grevelia Street, South Pasadena, California 91030, US

$ 8,600,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 8,600,000
  • MLS ID: AR24107060
  • Property Type: Income Home
  • WEB ID: PR02875924
  • Property Status: Active
  • Lot Size: 24,686sqft
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California
  •  Income Home for Sale in South Pasadena, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 8,600,000
  • MLS ID: AR24107060
  • Property Type: Income Home
  • WEB ID: PR02875924
  • Property Status: Active
  • Lot Size: 24,686sqft
Grevelia 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.

Additional Features

  • Wall Furnace
  • Lot 20000-39999 Sqft
  • Rectangular Lot
  • Near Public Transit
  • Two
  • Parking spaces: 20.00
  • Listing Status: Active
  • Listing Agent: Han Chen (lic# 01749321) of Arcadia
  • Listing Office: Growth Investment Group Pasade (lic# 02201380)
  • Based on information from CRISNet MLS as of 26th November 2024 at 6:13am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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