112 Grandview Street
112 Grandview Street
Closed 11/21/23
Virtual Tour
Closed 11/21/23
Virtual Tour
Description
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
![Michael Yue]()
michael.yue@compass.comP: 310.435.2237
Property Details for 112 Grandview Street
Location
Sold By MCLEOD AND ASSOCIATES, Reginald Gregorio, DRE #02011037
Property Details for 112 Grandview Street
| Status | Closed |
|---|---|
| MLS # | WS23175646 |
| Days on Market | 22 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential |
| Year Built | 1948 |
| County | Los Angeles County |
Location
Sold By MCLEOD AND ASSOCIATES, Reginald Gregorio, DRE #02011037
Virtual Tour
Building Information for 112 Grandview Street
Payment Calculator
$7,300 per month
30 year fixed, 7.25% Interest
$6,358
$942
$0
Property Information for 112 Grandview Street
- Financing: Conventional
- Tax Tract Number: 1774
- Tax Census Tract: 4615.02
- CFD/Mello-Roos Fee: $672
- Tax Lot: 1
- Assessments YN: Yes
- Assessments: Special Assessments
- Community Features: Curbs, Street Lights
- Room Type: All Bedrooms Down
- Main Level Bathrooms: 3
- Main Level Bedrooms: 4
- Bedroom Features: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Inside
- Laundry Location: 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
- Entry Location: Main Door
- Structure Type: Triplex
- View Description: City Lights
- Pool Features: None
- Pool Description: None
- Pool: N/K
- 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
- Garage Spaces: 3
- Parking Garage Spaces: 3
- Carport Spaces: 0
- Attached Garage: Yes
- Residential Styles: All Other Attached
- Residential Unit Location: 1 common wall
Property History for 112 Grandview Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 112 Grandview Street
Schools near 112 Grandview Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
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 | ||
Odyssey Charter School - South CharterK to 8 |
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.
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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.