160 S Grand Ave - Apartments FOR SALE


Pasadena, CA 91105- Lower Arroyo
$4,500,000 USD
626-590-3599
160 S Grand Ave, Pasadena, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/36
null | 3.2% Cap Rate

160 S Grand Ave
Pasadena, CA 91105
Lower Arroyo


HIGHLIGHTS

  • Impeccable locations in Pasadena's Prestigious South Grand Avenue District
  • Exquisite Features Private Outdoor Spaces: Each unit boasts its own secluded outdoor area, perfect for relaxation or intimate gatherings
  • Pool

OVERVIEW

Nestled in the heart of Pasadena's prestigious South Grand Avenue district, 160 S Grand Avenue stands as a testament to early 20th-century elegance and modern adaptability. Constructed in 1906, this distinguished estate has gracefully evolved from a grand single-family residence into a sophisticated five-unit property, seamlessly blending historic charm with contemporary comforts. Historical Significance Originally built in 1906, this property reflects the architectural grandeur of Pasadena's golden era. While specific details about its original builder and successive owners remain part of its rich tapestry, the estate's transformation from a private residence to a multi-unit dwelling underscores its enduring appeal and versatility. Property Evolution The main estate was thoughtfully converted into four unique units, each exuding individual character while preserving the home's historic essence. A fifth unit was subsequently added, designed with the owner's vision in mind, complete with caretaker quarters to ensure meticulous upkeep. Spanning a generous 5,941 square feet, the property encompasses eight bedrooms and five bathrooms, offering a blend of private retreats and communal spaces. Exquisite Features Private Outdoor Spaces: Each unit boasts its own secluded outdoor area, perfect for relaxation or intimate gatherings. Ample Parking: Residents benefit from dedicated garage spaces, a coveted amenity in this historic neighborhood. Lush Grounds: The estate is enveloped by mature, verdant landscaping, providing a serene backdrop and a sense of seclusion. Inviting Pool: A well-maintained pool offers a refreshing retreat, enhancing the property's allure.160 S Grand Avenue is more than just a residence; it's a rare opportunity to own a piece of Pasadena's storied past, thoughtfully updated for modern living. This trophy property epitomizes timeless elegance, exceptional location, and unmatched potential.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$757 USD /SF

# OF UNITS

5

PRICE/UNIT

$900,000

CAP RATE

3.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

24,028 SF

ZONING

PSR4

APN/PARCEL ID

5714-003-019

ASK ABOUT THIS PROPERTY

Natalie WycoffRaymond Hill RealtyMore Info
626-590-3599

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Natalie WycoffRaymond Hill RealtyMore Info
626-590-3599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.