Skip To Content

370 372 Grace Drive

South Pasadena, CA 91030
  • $1,685,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: P1-9186
Price Reduced
UPDATED: 26 min ago
$1,685,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Jennifer Parker-Stanton of Dpp ((626) 683-0777) and Jake Lazere of Dpp((626) 683-0777)


Description

Now with the larger unit vacant and freshly updated, this modern Ranch-style duplex sprawls across nearly a quarter acre property at the end of a verdant cul-de-sac in South Pasadena. The two mid-century units share only one wall - the one dividing each unit's individual two car garage. Both units have two bedrooms with one home having two bathrooms and the other having one. Large windows and sliding doors open to the private garden spaces surrounding each home. The thoughtfully designed structure followed the redevelopment of the street by architect Bob Ray Offenhauser, who soon after graduating from the USC School of Architecture, bought and rezoned two of the lots on the street, turning them into duplexes. He later was commissioned to design 12 more on the street. Like Offenhauser's designs, this duplex features great mid-century ranch elements like exposed beams, built-in cabinets, and an original brick fireplace. This is the first time this property has been offered for sale. One unit is currently tenant occupied.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T20:35:52.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/128052146
Print Image

370 372 Grace Drive South Pasadena, CA 91030

  • Price: $1,685,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 26 min ago
  • ID#: P1-9186
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1957
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
658 - So. Pasadena
Property Description
Now with the larger unit vacant and freshly updated, this modern Ranch-style duplex sprawls across nearly a quarter acre property at the end of a verdant cul-de-sac in South Pasadena. The two mid-century units share only one wall - the one dividing each unit's individual two car garage. Both units have two bedrooms with one home having two bathrooms and the other having one. Large windows and sliding doors open to the private garden spaces surrounding each home. The thoughtfully designed structure followed the redevelopment of the street by architect Bob Ray Offenhauser, who soon after graduating from the USC School of Architecture, bought and rezoned two of the lots on the street, turning them into duplexes. He later was commissioned to design 12 more on the street. Like Offenhauser's designs, this duplex features great mid-century ranch elements like exposed beams, built-in cabinets, and an original brick fireplace. This is the first time this property has been offered for sale. One unit is currently tenant occupied.
Exterior Features

Architectural Style Mid-Century ModernModernRanch Lot Features Cul-De-Sac Number Of Separate Electric Meters 2 Parking Features Direct AccessGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Free-Standing Range Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features Street LightsSidewalks Exclusions 372 Grace Dr: Tenant Has installed Some Of Their Own Light Fixtures And Those Do Not Convey With Sale - Vintage Fixture Over Kitchen TableBack Bedroom Ceiling And Drop Pendants And Entry Way Light Fixture. Washer/Dryer And Fridge Belong To The Tenant And Are Excluded.370-372: Some Potted Plants Excluded. Garage YN Yes Gross Income 55200 Gross Scheduled Income 31200 Insurance Expense 1809.57 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 17737.07 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 13462.93 Possession See Remarks Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 813.24 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T20:35:52.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368599395-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368599395-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368599395-1.jpg
Logo
Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Jennifer Parker-Stanton of Dpp ((626) 683-0777) and Jake Lazere of Dpp((626) 683-0777)