$3,995,000
1714-1718 Grevelia Street, South Pasadena CA 91030
Multi-Family (8 Units)
Property type
59 days
On market
$519
Price per sqft
0 cars
Garage
1951
Year built
10,857 sqft
Lot size
Open Houses
Overview
Highly coveted 8-unit courtyard apartments. These are spacious and charming, consisting of six 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Four of the apartments have undergone complete remodeling, including addition of tankless water heaters, and now feature modern bathrooms along with gleaming hardwood floors. The upgraded kitchens boast new Shaker cabinets,...
Listing provided by: Rudy Gallegos DRE #01493156 760-985-9600, RE/MAX Connections
Listing updated: May 22, 2026 at 06:38pm.
Last checked: Jun 3, 2026 at 11:00am
Source: CRMLS #NDP2603310
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 2 | 1 | — | $2,120 | $2,120 | $2,500 | — |
| — | 2 | 1 | — | $2,600 | $2,600 | $2,900 | — |
| — | 2 | 1 | — | $2,109 | $2,109 | $2,500 | — |
| — | 2 | 1 | — | $2,450 | $2,450 | $2,900 | — |
| — | 2 | 1 | — | $2,049 | $2,049 | $2,500 | — |
| — | 2 | 1 | — | $2,084 | $2,084 | $2,500 | — |
| — | 1 | 1 | — | $2,200 | $2,200 | $2,400 | — |
| — | 1 | 1 | — | $2,400 | $2,400 | $2,400 | — |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
18.7x
List Price / Annual Gross Rent
Cap Rate
4.6%
NOI / List Price
Gross Scheduled Income: $213,744
Operating Expense: $33,000
Net Operating Income: $180,744
Annual Operating Expenses
Insurance: $6,000
New Taxes: $40,000
Professional Management: $0
Trash: $2,400
Water / Sewer: $2,500
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Landscaped
Pool: None
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Carport Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 5318003002
Tax Lot: 4806
Zoning: SPR310000
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 1714-1718 Grevelia Street, South Pasadena, CA 91030. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,196,000
Total Interest
$4,076,322
Total Payment
$7,272,322
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,512
per month
Property History for 1714-1718 Grevelia Street
South Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91030.
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