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Sold for $1,633,000
  • Listed by: COMPASS • Jennifer Parker-Stanton • Contact: 323-351-3278
    Bought with: COMPASS
    Tax assessed value
    $1,633,000

    385 Grace Dr, South Pasadena, CA 91030

    4beds
    4baths
    2,643sqft
    Duplex
    Built in 1954
    -- sqft lot
    $2,115,100 Zestimate®
    $618/sqft
    $4,440 Estimated rent

    Home value

    $2,115,100

    $1.84M - $2.43M

    $4,440/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Parker-Stanton DRE #01728184 323-351-3278,

    COMPASS,

    Jake Lazere DRE #02135438 949-370-4324,

    COMPASS

    Bought with:

    Jake Lazere, DRE #02135438

    COMPASS

    Jennifer Parker-Stanton, DRE #01728184

    COMPASS

    Source: CRMLS,MLS#: P1-18313MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: Yes
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,643
    • Total interior livable area: 2,643 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Garage spaces: 4
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.26 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 5317016004
    • Zoning: SPR210000*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Not Applicable
    Location
    • Region: South Pasadena

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $1,633,000
    • Annual tax amount: $19,230
    • Date on market: 7/2/2024
    • Cumulative days on market: 100 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: All appliances.

    Price history

    DateEventPrice
    10/25/2024Sold$1,633,000-14.1%$618/sqft
    Source: CRMLS #P1-18313 Report a problem
    10/23/2024Pending sale$1,900,000$719/sqft
    Source: CRMLS #P1-18313 Report a problem
    10/12/2024Contingent$1,900,000$719/sqft
    Source: CRMLS #P1-18313 Report a problem
    10/1/2024Price change$1,900,000-7.3%$719/sqft
    Source: CRMLS #P1-18313 Report a problem
    7/2/2024Listed for sale$2,050,000$776/sqft
    Source: CRMLS #P1-18313 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,230 +498.1%$1,633,000 +862.6%
    2024$3,215 +1.9%$169,640 +2%
    2023$3,155 +2.1%$166,314 +2%
    2022$3,090 +2.2%$163,054 +2%
    2021$3,024 +1.4%$159,858 +1%
    2020$2,982 $158,219 +2%
    2019$2,982 +9.8%$155,118 +2%
    2018$2,716 $152,077 +2%
    2017$2,716 +1.5%$149,096 +2%
    2016$2,677 +5.9%$146,173 +1.5%
    2015$2,528 +1.9%$143,978 +2%
    2014$2,480 $141,158 +2.5%
    2012-- $137,767 +2%
    2011-- $135,067 +0.8%
    2010-- $134,059 -0.2%
    2009-- $134,379 +2%
    2008-- $131,745 +2%
    2007-- $129,163 +2%
    2006-- $126,632
    2005-- $126,632 +4%
    2004-- $121,716 +1.9%
    2003-- $119,486 +2%
    2002-- $117,145 +4%
    2000-- $112,598
    Find assessor info on the county website

    Neighborhood: 91030

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,115,100
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    Estimated market value
    $2,115,100