Property Details
About this Property
Introducing a phenomenal investment opportunity at 112 Grandview St, Pasadena, CA. Financials take center stage with this listing, priced at $1,150,000. Expect a pro forma monthly revenue of $7,400, an actual cap rate over 5.5%, and a market cap rate above 6.5%. Built in 1948 and recently transformed, this 1,623-square-foot triplex sits on a prime 5,193-square-foot double corner lot. All units have been meticulously renovated from top to bottom—fresh paint, brand-new flooring, and windows set the stage for modern living. The kitchens and bathrooms in the two one-bedroom units are entirely redone, presenting a move-in-ready or lease-ready opportunity. The extensively renovated two-bedroom unit serves as the crown jewel, featuring a brand-new electrical panel, appliances, cabinets, quartz countertops, and a high-efficiency HVAC system. The bathroom showcases stylish subway tiles, rounding off the extensive upgrades. Each unit is separately metered for gas and electric, with tenants responsible for their own trash—streamlining your utility costs to just water. Hot water heaters for each unit have been replaced within the last five years, ensuring a hassle-free experience for both landlord and tenants. Nestled in a serene pocket of Pasadena near s
MLS Listing Information
MLS #
CRWS23175646
MLS Source
California Regional MLS
Interior Features
Bedrooms
Ground Floor Bedroom
Appliances
Other
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Elementary District
Pasadena Unified
High School District
Pasadena Unified
HOA Fee
$0
Zoning
PSR1
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
112 Grandview St is a Triplex in Pasadena, CA 91103. This 1,623 square foot property sits on a 5,193 Sq Ft Lot and features 4 bedrooms & 3 full bathrooms. It is currently priced at $1,165,000 and was built in 1948. This address can also be written as 112 Grandview St, Pasadena, CA 91103.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 21, 2023. For the most current information, please contact Jinglin YUE, (310) 388-3761
