1745 Grevelia Street

South Pasadena, CA 91030

$8,600,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1947

calendar_month Built

Property Description

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.

Listing Information

List Price $8,600,000
Status Active
MLS AR24107060
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1947
Lot Size 24,686
Structure Size N/A
DOM 78
Courtesy Of Growth Investment Group Pasade
Listing Agent Han Chen DRE#01749321

Interior Features

Laundry Information
Location(s) Common Area, Washer Hookup, Gas Dryer Hookup, Stacked
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl, Wood
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Han Chen, Growth Investment Group Pasade . *Based on information from the Association of REALTORS/Multiple Listing as of May 31st, 2024 at 11:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.