1728 Grevelia Street
1728 Grevelia Street
Listed By Compass
Listed By Compass
Description
Uniquely positioned at the crossroads of Fair Oaks Ave and Grevelia Street, within a leisurely...Embark on a journey of discovery as you welcome the distinctive allure of 1728 Grevelia St, situated on the renowned Grevelia Street in South Pasadena, CA 91030. Enjoying an enviable location in one of the city's most sought-after neighborhoods, this residence offers more than a mere investment opportunity—it's an invitation to be part of an affluent community and embark on a lucrative real estate journey.
Uniquely positioned at the crossroads of Fair Oaks Ave and Grevelia Street, within a leisurely stroll to the vibrant Fair Oaks Ave Retail corridor and the charming Mission Street Downtown District, this property is a standout in terms of location, promising sustained demand and high occupancy rates. The strategic placement ensures not only convenience for residents but also maximizes the property's visibility, enhancing its long-term value.
Constructed in 1951, this two-story garden-style apartment exudes timeless elegance, preserving a piece of South Pasadena's rich history. The unit mix is a careful curation, featuring two (2) spacious 2-bed+1-bath residences and six (6) generously-sized 1-bed+1-bath units, all adorned with abundant natural light, creating a desirable living environment for tenants.
Parking is effortlessly managed with designated carport spaces at the rear of the property, ensuring convenience and security. Each unit is meticulously designed with original hardwood floors, laminate countertops, tiled bathrooms, individual water heaters, and ample storage cabinets, marrying classic aesthetics with modern functionality.
Recent major capital improvements have significantly enhanced the property's overall appeal, showcasing a commitment to quality and ensuring minimal future maintenance costs for the discerning investor. This, coupled with the carefully curated unit mix and strategic location, positions 1728 Grevelia Street as a unique investment opportunity with substantial upside potential.
Explore the allure of future value appreciation and secure your stake in this distinguished property. Contact us now to schedule a private viewing and delve into the endless possibilities that 1728 Grevelia Street holds. Don't miss your chance to transform this property into your next real estate success story and enjoy the unparalleled benefits of owning a piece of South Pasadena's rich history.
Listing Agent
![Michael Yue]()
michael.yue@compass.comP: 310.435.2237
Property Details for 1728 Grevelia Street
Location
Property Details for 1728 Grevelia Street
| Status | Active |
|---|---|
| MLS # | WS24044685 |
| Days on Market | 40 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1951 |
| County | Los Angeles County |
Location
Building Information for 1728 Grevelia Street
Payment Calculator
$24,472 per month
30 year fixed, 7.25% Interest
$21,284
$3,188
$0
Property Information for 1728 Grevelia Street
- Gross Income: $227,196
- Gross Scheduled Income: $227,196
- Net Operating Income: $172,657
- Operating Expense: $54,540
- Fuel Expense: $0
- Insurance Expense: $5,164
- Professional Management Expense: $0
- Trash Expense: $1,300
- Water Sewer Expense: $4,329
- Total Expenses: $54,540
- Tax Tract Number: 4806
- Tax Census Tract: 4806.01
- CFD/Mello-Roos Fee: $3,102
- Tax Lot: 32
- Community Features: Suburban, Valley
- Laundry: Yes
- Laundry Features: Common Area
- Entry Location: Main
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Lot 6500-9999
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 8
- Parking Garage Spaces: 8
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,113
- Unit Type Total Rent: $2,113
- Unit Type Pro Forma: 2590
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,113
- Unit Type Total Rent: $2,113
- Unit Type Pro Forma: 2590
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,665
- Unit Type Total Rent: $2,665
- Unit Type Pro Forma: 2590
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,926
- Unit Type Total Rent: $2,926
- Unit Type Pro Forma: 3690
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,325
- Unit Type Total Rent: $2,325
- Unit Type Pro Forma: 2590
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,059
- Unit Type Total Rent: $2,059
- Unit Type Pro Forma: 2590
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,206
- Unit Type Total Rent: $2,206
- Unit Type Pro Forma: 2590
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Partially
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,926
- Unit Type Total Rent: $2,926
- Unit Type Pro Forma: 3690
- Unit Type Type: 8
- Number Of Units Leased: 5
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 8
- Number Of Separate Gas Meters: 0
- Number Of Separate Water Meters: 0
Property History for 1728 Grevelia 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 1728 Grevelia Street
Schools near 1728 Grevelia Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | 4 to 12 |
Rating | School | Distance |
|---|---|---|
Marengo Elementary School PublicK to 5 | ||
South Pasadena Middle School Public6 to 8 | ||
South Pasadena Senior High School Public9 to 12 | ||
Westridge School Private4 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.
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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, 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.