112 Grandview St

1,623 Sq. Ft.
$718 / Sq. Ft.
1,623
Sq. Ft.
$718
per Sq. Ft.

Description

Introducing a phenomenal investment opportunity at 112 Grandview St, Pasadena, CA. Financials take center stage with this listing, priced at $1,150,000. Expect a pro forma monthly revenue of $7,400, an actual cap rate over 5.5%, and a market cap rate above 6.5%. Built in 1948 and recently transformed, this 1,623-square-foot triplex sits on a prime 5,193-square-foot double corner lot.
All units have been meticulously renovated from top to bottom—fresh paint, brand-new flooring, and windows set the
...Introducing a phenomenal investment opportunity at 112 Grandview St, Pasadena, CA. Financials take center stage with this listing, priced at $1,150,000. Expect a pro forma monthly revenue of $7,400, an actual cap rate over 5.5%, and a market cap rate above 6.5%. Built in 1948 and recently transformed, this 1,623-square-foot triplex sits on a prime 5,193-square-foot double corner lot.

All units have been meticulously renovated from top to bottom—fresh paint, brand-new flooring, and windows set the stage for modern living. The kitchens and bathrooms in the two one-bedroom units are entirely redone, presenting a move-in-ready or lease-ready opportunity.

The extensively renovated two-bedroom unit serves as the crown jewel, featuring a brand-new electrical panel, appliances, cabinets, quartz countertops, and a high-efficiency HVAC system. The bathroom showcases stylish subway tiles, rounding off the extensive upgrades.

Each unit is separately metered for gas and electric, with tenants responsible for their own trash—streamlining your utility costs to just water. Hot water heaters for each unit have been replaced within the last five years, ensuring a hassle-free experience for both landlord and tenants.

Nestled in a serene pocket of Pasadena near schools and parks, this fully renovated triplex offers not just incredible financial returns but also a premium location. Seize this rare chance to invest in a high-performing asset that promises both immediate cash flow and long-term growth.

Listing Agent

  1. Michael Yue

    Michael Yue

    Listing Agent

    Compass

    DRE #02083986

    michael.yue@compass.com

    P: (310)-435-2237

Property Details for 112 Grandview Street

View
City Lights
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1623
LISTING UPDATED: 11/21/2023 07:53 AM

Property Details for 112 Grandview Street

StatusClosed
MLS #WS23175646
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1948
Lot Size0.12 AC / 5,193 SF
CountyLos Angeles County
Buyer's Agent Compensation2.25%

Location

Listing Courtesy of Compass-Pasadena, Michael Yue, DRE #02083986

Sold By MCLEOD AND ASSOCIATES, Reginald Gregorio, DRE #02011037

Add your commute

Virtual Tour

Building Information for 112 Grandview Street

Stories1Residences-Year Built1948Building Size-Lot Size0.12 AC / 5,193 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,832 per month

30 year fixed, 6.11% Interest

Principal and Interest

$5,654

Property Taxes

$1,178

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 112 Grandview Street

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 1774
  • Tax Census Tract: 4615.02
  • CFD/Mello-Roos Fee: $672
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Virtual Tour URL Branded: https://youtu.be/bss1dFZKZj0
  • Virtual Tour URL Unbranded: https://youtu.be/LHxAM1eKE0c
Exterior Features
  • Entry Location: Main Door
  • Structure Type: Triplex
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall

Property History for 112 Grandview Street

DateEvent & SourcePriceAppreciation
Nov 21, 2023

Sold

SDMLS #WS23175646

$1,165,000
Nov 21, 2023

Sold

CLAW #WS23175646MR

$1,165,000
Nov 21, 2023

Sold

CRMLS #WS23175646

$1,165,000
Nov 15, 2023

Sold (Public Record)

Public Record #1522401925

$1,165,000

+11.0% / yr

Oct 31, 2023

Pending

CRMLS #WS23175646

Oct 12, 2023

Pending

CLAW #WS23175646MR

Oct 12, 2023

Pending

SDMLS #WS23175646

Sep 20, 2023

Listed (Active)

CRMLS #WS23175646

$1,150,000
Sep 20, 2023

Listed (Active)

SDMLS #WS23175646

$1,150,000
Sep 20, 2023

Listed (Active)

CLAW #WS23175646MR

$1,150,000
Apr 21, 2023

Expired

CRMLS #22210887

$1,100,000
Apr 20, 2023

Expired

CLAW #22-210887

$1,100,000
Dec 6, 2022

Price Change

CRMLS #22210887

$1,100,000
Oct 20, 2022

Listed (Active)

CRMLS #22210887

$1,125,000
Oct 20, 2022

Listed (Active)

CLAW #22-210887

$1,125,000
Mar 10, 2022

Withdrawn / Cancelled

CRMLS #SR21243016

$1,249,900
Mar 10, 2022

Withdrawn / Cancelled

CLAW #SR21243016CN

Dec 10, 2021

Hold

CRMLS #SR21243016

Dec 10, 2021

Hold

CLAW #SR21243016CN

$1,249,900
Nov 9, 2021

Listed (Active)

CRMLS #SR21243016

$1,249,900
Nov 5, 2021

Listed (Active)

CLAW #SR21243016CN

$1,249,900
Jun 10, 2021

Price Change

CLAW #SR21040058CN

$915,000
Jun 9, 2021

Sold

CRMLS #SR21040058

$900,000
Jun 9, 2021

Sold

CLAW #SR21040058CN

$900,000
May 26, 2021

Sold (Public Record)

Public Record #1463253555

$900,000
May 21, 2021

Pending

CRMLS #SR21040058

May 21, 2021

Pending

CLAW #SR21040058CN

May 21, 2021

Accepting Backup Offers

CRMLS #SR21040058

May 21, 2021

Accepting Backup Offers

CLAW #SR21040058CN

May 20, 2021

Sold (Public Record)

Public Record #1463425853

$882,000
Apr 14, 2021

Price Change

CLAW #SR21040058CN

$915,000
Apr 14, 2021

Price Change

CRMLS #SR21040058

$915,000
Feb 25, 2021

Listed (Active)

CRMLS #SR21040058

$999,999
Feb 24, 2021

Listed (Active)

CLAW #SR21040058CN

$999,999
DateEvent & SourcePrice
11/21/2023

Sold

SDMLS #WS23175646

$1,165,000
11/21/2023

Sold

CLAW #WS23175646MR

$1,165,000
11/21/2023

Sold

CRMLS #WS23175646

$1,165,000
11/15/2023

Sold (Public Record)

Public Record #1522401925

$1,165,000

+11.0% / yr

10/31/2023

Pending

CRMLS #WS23175646

10/12/2023

Pending

CLAW #WS23175646MR

10/12/2023

Pending

SDMLS #WS23175646

09/20/2023

Listed (Active)

CRMLS #WS23175646

$1,150,000
09/20/2023

Listed (Active)

SDMLS #WS23175646

$1,150,000
09/20/2023

Listed (Active)

CLAW #WS23175646MR

$1,150,000
04/21/2023

Expired

CRMLS #22210887

$1,100,000
04/20/2023

Expired

CLAW #22-210887

$1,100,000
12/06/2022

Price Change

CRMLS #22210887

$1,100,000
10/20/2022

Listed (Active)

CRMLS #22210887

$1,125,000
10/20/2022

Listed (Active)

CLAW #22-210887

$1,125,000
03/10/2022

Withdrawn / Cancelled

CRMLS #SR21243016

$1,249,900
03/10/2022

Withdrawn / Cancelled

CLAW #SR21243016CN

12/10/2021

Hold

CRMLS #SR21243016

12/10/2021

Hold

CLAW #SR21243016CN

$1,249,900
11/09/2021

Listed (Active)

CRMLS #SR21243016

$1,249,900
11/05/2021

Listed (Active)

CLAW #SR21243016CN

$1,249,900
06/10/2021

Price Change

CLAW #SR21040058CN

$915,000
06/09/2021

Sold

CRMLS #SR21040058

$900,000
06/09/2021

Sold

CLAW #SR21040058CN

$900,000
05/26/2021

Sold (Public Record)

Public Record #1463253555

$900,000
05/21/2021

Pending

CRMLS #SR21040058

05/21/2021

Pending

CLAW #SR21040058CN

05/21/2021

Accepting Backup Offers

CRMLS #SR21040058

05/21/2021

Accepting Backup Offers

CLAW #SR21040058CN

05/20/2021

Sold (Public Record)

Public Record #1463425853

$882,000
04/14/2021

Price Change

CLAW #SR21040058CN

$915,000
04/14/2021

Price Change

CRMLS #SR21040058

$915,000
02/25/2021

Listed (Active)

CRMLS #SR21040058

$999,999
02/24/2021

Listed (Active)

CLAW #SR21040058CN

$999,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 112 Grandview Street

Taxable ValueLand$831,810Additions$356,490Total$1,188,300
Tax Record2025$14,140 ($1,178 / month)
Home Facts
Total Finished SqFt1,623 SqFtAbove Grade Finished SqFt1,623 SqFtLot Size5,193 SqFtStyleTriplexYear Built1948ZoningPSR1CountyLOS ANGELESAPN5729-004-001

Schools near 112 Grandview Street

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 7 to 12
Rating
School
Distance
Washington Accelerated Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Learning Works School
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass-Pasadena, Michael Yue, DRE #02083986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.