133 Grace Terrace

Pasadena, CA 91105

$1,995,000
Price
5
Beds
3
Baths
3,480 Sq. Ft.
$573 / Sq. Ft.
3,480
Sq. Ft.
$573
per Sq. Ft.

Description

Presenting the Stanton Carriage House, a historically significant investment opportunity in the desirable Grace Hill neighborhood of southwest Pasadena. Built in 1891 by William Stanton, a relative of Abraham Lincoln’s Secretary of War Edwin M. Stanton, this property was designed by renowned architect Frederick Roehrig, known for his iconic buildings on Pasadena’s historic Millionaire’s Row. Now, the Stanton Carriage House serves as a beautifully remodeled three-unit residential property that seamlessly...Presenting the Stanton Carriage House, a historically significant investment opportunity in the desirable Grace Hill neighborhood of southwest Pasadena. Built in 1891 by William Stanton, a relative of Abraham Lincoln’s Secretary of War Edwin M. Stanton, this property was designed by renowned architect Frederick Roehrig, known for his iconic buildings on Pasadena’s historic Millionaire’s Row. Now, the Stanton Carriage House serves as a beautifully remodeled three-unit residential property that seamlessly blends timeless elegance with modern comforts.
137 Grace Terrace offers a spacious, sunlit second-floor unit with two bedrooms, one bath, a bonus room, and a versatile sunroom perfect for a home office or gym. Spanning approximately 1,800 square feet, the open layout includes a large living room and an eat-in kitchen that flows into the dining area. Two private balconies off the living room and kitchen provide stunning valley views, ideal for indoor-outdoor living.
135 Grace Terrace features a first-floor, oversized one-bedroom, one-bath unit of about 800 square feet. This apartment boasts a warm atmosphere with a private balcony off the living room and a cozy breakfast nook off the kitchen that can double as a home office.
133 Grace Terrace completes this exceptional property with a ground-floor, two-bedroom, one-bath unit of approximately 800 square feet. It offers a well-designed layout with a bright living area that flows into the kitchen, creating a welcoming environment for daily living or entertaining. Each bedroom is spacious, providing comfortable retreats. Upgrades and Amenities: All units have been fully updated with hardwood floors, tile in kitchens and bathrooms, stone countertops, modern appliances, and new plumbing and electrical systems. Additional features include central air conditioning, tankless water heaters, and private garages. Neighborhood Overview: Grace Hill was once a grand estate featuring Grace Manor and the Stanton Carriage House amid an expansive orange grove. Today, the neighborhood is known for its unique character and proximity to local shops, restaurants, and Old Town Pasadena, just five minutes away. The Stanton Carriage House is perfect for investors seeking a prime income property or homeowners looking for a spacious, historic residence with rental income potential in one of Pasadena’s most desirable neighborhoods.
  1. Listed by Scott Morris • DRE #00987383 • Brokerage DRE #02188471 • eXp Realty of Greater Los Angeles, Inc. • 818-262-3695

Property Details for 133 Grace Terrace

Architectural Style
Craftsman
View
Mountain(s), Neighborhood, Valley
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 09/04/2024 11:37 PM

Property Details for 133 Grace Terrace

StatusActive
MLS #SR24182015
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1891
Lot Size0.12 AC / 5,403 SF
CountyLos Angeles County

Building Information for 133 Grace Terrace

Stories3Residences-Year Built1891Building Size-Lot Size0.12 AC / 5,403 SF

Property Information for 133 Grace Terrace

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $107,988
  • Gross Scheduled Income: $107,988
  • Net Operating Income: $90,526
  • 433a Certified: No
Expense Details
  • Operating Expense: $17,462
  • Gardener Expense: $1,500
  • Fuel Expense: $0
  • Licenses Expense: $235
  • Pest Control Expense: $1,575
  • Electric Expense: $473
  • Insurance Expense: $2,720
  • Maintenance Expense: $3,130
  • Professional Management Expense: $6,298
  • Other Expense: $527
  • Other Expense Description: Misc
  • Trash Expense: $0
  • Water Sewer Expense: $1,004
  • Total Expenses: $17,462
Tax / Assessment Info
  • Tax Tract Number: 6858
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 48
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Appliances: Refrigerator
  • Equipment: Community, Outside, Refrigerator, Room
  • Interior Features: Balcony, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan
  • Room Type: Bonus Room, Galley Kitchen, Kitchen, Living Room, Sun
  • Laundry: Yes
  • Laundry Features: Community, Individual Room, Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Tile, Wood
  • Virtual Tour URL Branded: http://www.133graceterrace.com/
Exterior Features
  • Entry Location: Front
  • Property Condition: Updated/Remodeled
  • View Description: Valley
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 5719-013-020
  • Lot Features: Corner Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway Down Slope From Street, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,810
  • Unit Type Total Rent: $3,810
  • Unit Type Pro Forma: 3810
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,974
  • Unit Type Total Rent: $2,974
  • Unit Type Pro Forma: 2974
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,215
  • Unit Type Total Rent: $2,215
  • Unit Type Pro Forma: 2215
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 133 Grace Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 133 Grace Terrace

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
McKinley School
PublicK to 8

Blair High School
Public6 to 12

Rose City High (Continuation) School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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133 Grace Terrace is a multi-family home for sale in Pasadena, CA 91105. This property was listed for sale on August 8, 2024 by eXp Realty of Greater Los Angeles, Inc., it's currently listed at $1,995,000. This listing's school district is Pasadena Unified School District. Nearby schools include McKinley School, Blair High School and Rose City High (Continuation) School. 133 Grace Terrace is a 5-bed, 3-bath, 3,480 sqft multi-family home built in 1891.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Greater Los Angeles, Inc., Scott Morris, DRE #00987383

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.