385 Grace Drive

South Pasadena, CA 91030

$1,633,000
Last Sold Price
—
Beds
—
Baths
2,643 Sq. Ft.
$618 / Sq. Ft.
2,643
Sq. Ft.
$618
per Sq. Ft.

Description

Now with a vacant owners' unit as of 9/1/24. This mid-century modern duplex circa 1954 is nestled at the end of a verdant cul-de-sac in South Pasadena on a quarter acre property. The two spacious homes, which only share one wall, are on the market for the first time in over 50 years, during which time numerous updates have been made. Each unit has a private garden with mature trees and landscaping. Both units are two bedrooms. The larger one, #387, has two bathrooms and a bonus den in addition to...Now with a vacant owners' unit as of 9/1/24. This mid-century modern duplex circa 1954 is nestled at the end of a verdant cul-de-sac in South Pasadena on a quarter acre property. The two spacious homes, which only share one wall, are on the market for the first time in over 50 years, during which time numerous updates have been made. Each unit has a private garden with mature trees and landscaping. Both units are two bedrooms. The larger one, #387, has two bathrooms and a bonus den in addition to the living and dining room with wood-paneling, a brick fireplace, hardwood floors, and a roomy outdoor garden. The other unit, #385, has one bathroom and features a shaded courtyard patio garden. 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 roof overhangs with expressed structure, built-in cabinets, steel-frame windows, and original elegantly-proportioned brick chimneys and facades. The larger unit, 387, is vacant; the smaller, 385, is tenant occupied. Great investment opportunity in a highly sought-after city with blue ribbon schools.

Listing Agents

  1. Jennifer Parker-Stanton

    Jennifer Parker-Stanton

    Listing Agent

    Compass

    DRE #01728184

  2. Jake Lazere

    Jake Lazere

    Alternative Listing Agent

    Compass

    DRE #02135438

    jake.lazere@compass.com

    P: (949)-370-4324

Property Details for 385 Grace Drive

Subdivision Name
Not Applicable
Garage Spaces
4.00
View
None
LISTING UPDATED: 11/15/2024 08:12 PM

Property Details for 385 Grace Drive

StatusClosed
MLS #P1-18313
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.26 AC / 11,329 SF
CountyLos Angeles County
Buyer's Agent Compensation2%

Building Information for 385 Grace Drive

Stories-Residences-Year Built1954Building Size-Lot Size0.26 AC / 11,329 SF

Property Information for 385 Grace Drive

Summary
Location and General Information
  • Building Area Total: 2,643.00
  • Community Features: Sidewalks
  • City: South Pasadena
  • Directions: South of Columbia, near end of cul de sac.
  • Area: 658 - South Pasadena
  • Postal Code Plus4: 1822
  • Unparsed Address: 385 Grace Drive, South Pasadena, CA 91030
Parking
  • Parking Features: Carport
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers, Cul-De-Sac
  • Lot Size Acres: .26
  • Lot Size Square Feet: 11,329.00
  • Lot Size Area: 11,329.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5317016004
  • Zoning: SPR210000*
  • Property Type: Residential Income
  • Property Sub Type: Duplex
Property and Assessments
  • Common Walls: 1 Common Wall
  • Documents Count: 1
  • Property Attached: Yes
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $1,932.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: Refrigerator
  • Total Bathrooms: 0
  • Fireplace: Yes
  • Heating: Yes
  • Living Area: 2,643.00
  • View: No
  • Levels: One
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $67,200.00
  • Net Operating Income: $60,647.00
  • Insurance Expense: $1,321.00
  • Number Of Buildings: 1
  • Operating Expense: $6,553.00
  • Special Listing Conditions: Standard
  • Trash Expense: $900.00
Agent
Sale and Listing
  • Inclusions: All appliances.

Property History for 385 Grace Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 385 Grace Drive

Taxable ValueLand$82,175Additions$87,465Total$169,640
Tax Record2024$3,215 ($268 / month)
Home Facts
Total Finished SqFt2,406 SqFtAbove Grade Finished SqFt2,406 SqFtLot Size11,329 SqFtStyleDuplexYear Built1954ZoningSPR210000*CountyLOS ANGELESAPN5317-016-004

Schools near 385 Grace Drive

This home is within South Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 4 to 12
Rating
School
Distance
Arroyo Vista Elementary School
PublicK to 5

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

Westridge School
Private4 to 12

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.

Similar Homes

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 COMPASS, Jennifer Parker-Stanton, DRE #01728184; COMPASS, Jake Lazere, DRE #02135438

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.