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Backup Offers

385 Grace Dr, South Pasadena, CA, 91030

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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385 Grace Dr, South Pasadena$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport
Garage4 spaces
Year Built1954
ViewNone
MLS #P1-18313
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 385 Grace Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 1954

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (626) 205-4040
  • Listing Agent: Jennifer Parker-Stanton

Interior Features

Interior Information:

  • Appliances: Refrigerator

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.26 Acres

School Info

Assigned Schools Information:

  • South Pasadena Senior High School, Public District Grades 9-12
  • South Pasadena Middle School, Public District Grades 6-8
  • Arroyo Vista Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of Columbia, near end of cul de sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $3,024
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Pasadena, CA.

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South Pasadena, CA

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$885

Avg. Days On Market

27

# of Sold Homes

16

385 Grace Dr vs South Pasadena

106 DAYS ON ROCKET

+79 Days

$1,900,000

+$220K More

KEY TAKEAWAY

This property is $220K more than the Median Sold Price in South Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-18313

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (626) 205-4040
  • Listing Agent: Jennifer Parker-Stanton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,024$159,858
2020$2,938$158,219
2019$2,716$155,118
2018$2,677$152,077
2017$2,677$149,096

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-622877
8
/10

  • Arroyo Vista Elementary School

  • 335 El Centro St

  • 1.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-622878
9
/10

  • South Pasadena Middle School

  • 1500 Fair Oaks Ave

  • 0.96 miles

  • Public District Grades 6-8

High School

school-card-donut-622879
10
/10

  • South Pasadena Senior High School

  • 1401 Fremont Ave

  • 0.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,070. Typical income of South Pasadena, CA residents is between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›South Pasadena›91030›385 Grace Dr

This home is located at 385 Grace Dr in South Pasadena, CA and zip code 91030 in the The San Gabriel Valley neighborhood. This home, which was built in 1954, sits on a 0.26 acre lot. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $1,900,000.

South Pasadena, CA housing market in September 2024 saw over 10 listings sold above listed price, more than 2 sold at listed price and over 4 sold below. The inventory of homes for sale in South Pasadena, CA between August 2024 and September 2024 increased by 13.2%. While the average time on the market in September 2024 was 27 days, the median list price was $1,680,000.

From Rocket Homes Real Estate and based on county public records data.

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