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1745 Grevelia St
South Pasadena, CA 91030
Multifamily Property For Sale
·
20 Units
Investment Highlights
- First time on market in over fifty years - rare opportunity to own in excellent South Pasadena neighborhood
- Charming courtyard style property situated on a tree lined street
- Property features (16) one-bedroom/two-bathroom units and (4) two-bedroom/one-bathroom units
- Favorable seller carry terms – 4% interest only fixed for 5 years with 35% down payment
- Value add opportunity for new investor by implementing a renovation program upgrading unit interiors and exteriors – approximately 23% rental upside
- Property features a Walk Score of 81 as it is conveniently located just a short walk from restaurants, cafes, grocery stores (Bristol Farms 1 block aw
Property Facts
| No. Units | 20 | Lot Size | 0.57 AC |
| Property Type | Multifamily | Building Size | 14,100 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | Parking Ratio | 1.42/1,000 SF |
| Zoning | SPR310000* | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 14,100 SF |
| No. Stories | 2 |
| Year Built | 1947 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | SPR310000* |
Property Taxes
| Parcel Number | 5318-005-035 | Improvements Assessment | $4,057,560 |
| Land Assessment | $2,705,040 | Total Assessment | $6,762,600 |
Property Taxes
Parcel Number
5318-005-035
Land Assessment
$2,705,040
Improvements Assessment
$4,057,560
Total Assessment
$6,762,600
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