1728 Grevelia ST South Pasadena, CA 91030

1728 Grevelia, a pride-of-ownership 8-unit, NON rent-controlled apartment in one of the best location in the City of South Pasadena, California. This offering presents a rare opportunity for an investor to acquire a very well located apartment community in one of highest barrier to entry sub-market in the West San Gabriel Valley. The property has been with the same ownership since 1963 and this is the first time it is being offered for sale. The property is rare and unique due to its superb location on Grevelia Street, crossing Fair Oaks Ave and just within walking distance to Fair Oaks Ave Retail corridor and Mission Street Downtown District. Because of this superb location, it has a Walk Score 86 out of 100, demonstrating a high "walkability" to a variety of nearby amenities such as restaurants, shops, health clubs and entertainment venues. It is also located within the South Pasadena School District with its superb demographics and an average household income of ±$120,618 within a mile radius. The property is a two story garden style apartment that was built in 1951. It offers an excellent unit mix of two (2) spacious 2bed+1bath and six (6) large 1bed+1bath units. All units are large with plenty of natural light. Parking is provided by carport