1745 Grevelia St | South Pasadena, CA 91030
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1745 Grevelia St
South Pasadena, CA 91030
20-u Beautifully Upgraded Asset, Class A Loc. · Build-to-Rent Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to buy a multi-generational 20-unit apartment in a Class A Location; South Pasadena School; No Local Rent Control
- Priced-to-Sell multi-generational multifamily property offered at a reasonable actual CAP Rate for a HIGH-QUALITY location and asset; Proforma CAP R
- Beautifully updated garden-style apartment; Arguably one of the best garden-style apartment properties in South Pasadena
- Several blocks away from the City of San Marino, south side of Grevelia St (not abutting 110FWY)
- Garage parking with recently updated driveway, NO SHARED DRIVEWAY with neighboring properties!
- Excellent unit mix with Large 1bedroom and 2bedroom units; individually metered for electricity and gas, community laundry room and garage parking
PROPERTY FACTS
| No. Units | 20 | Total Plot Size | 0.57 ac |
| Property Type | Build-to-Rent | Property Size | 14,100 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Costar Property Class | C | Parking Allocation | 1.42/1,000 sq ft |
| Use Class | SPR310000* | ||
| No. Units | 20 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.57 ac |
| Property Size | 14,100 sq ft |
| No. Floors | 2 |
| Year Built | 1947 |
| Parking Allocation | 1.42/1,000 sq ft |
| Use Class | SPR310000* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 16 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5318-005-035 | Improvements Assessment | £3,051,715 |
| Land Assessment | £2,034,477 | Total Assessment | £5,086,191 |
PROPERTY TAXES
Parcel Number
5318-005-035
Land Assessment
£2,034,477
Improvements Assessment
£3,051,715
Total Assessment
£5,086,191
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