For Sale
$8,600,000
1745 Grevelia St South Pasadena, CA 91030
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Rare opportunity to acquire a 20-unit multifamily property in a prime South Pasadena location.
- Excellent walkability to amenities including Bristol Farms, Garfield Park, and the Fair Oaks Ave retail corridor; close proximity to Old Town Pasadena and Huntington Hospital.
- Priced for a quick sale, offering a pro forma cap rate near 6%.
- High walk score of 87.
- Strong demographics with average household income exceeding $180,000 within one mile.
- Located in the desirable South Pasadena School District; no local rent control.
Property Details for 1745 Grevelia St
- Property type
- Apartment buildings
- Square Feet
- 14,100 SF
- Class
- A
- Year Built/Renovated
- 1947/2024
- Buildings
- 1
- Stories
- 2
- Units
- 20
Location Insight
- City
- South Pasadena
- County
- Los Angeles
- State
- California
- Latitude
- 34.1186123
- Longitude
- -118.1469921
Nearby Comparable
Nearby Similar for Sale
FAQs
- Where is the apartment building located?
- The property is located at 1745 Grevelia St South Pasadena, CA.
- What is the asking price?
- The asking price for this property is $8,600,000.
- What are key features of this property?
- This property features: Rare opportunity to acquire a 20-unit multifamily property in a prime South Pasadena location.; Excellent walkability to amenities including Bristol Farms, Garfield Park, and the Fair Oaks Ave retail corridor; close proximity to Old Town Pasadena and Huntington Hospital.; Priced for a quick sale, offering a pro forma cap rate near 6%.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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