Pasadena, CA 91105 133 Grace Terrace
$1,995,000
65 more
Presented By: Scott Morris with eXp Realty of Greater Los Angeles, Inc.; 818-262-3695
Home Details
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.
Presented By: Scott Morris with eXp Realty of Greater Los Angeles, Inc.; 818-262-3695
Interior Features for 133 Grace Terrace
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom, Outside
Total Stories3
Other Rooms
Entry Level1
General for 133 Grace Terrace
Additional Parcels Description5719-013-020
Additional Parcels Y/NYes
AppliancesRefrigerator
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPasadena
Community FeaturesCurbs, StormDrains, Sidewalks
CoolingCentralAir
CountyLos Angeles
Days on Market1
DirectionsEast of Orange Grove, South of Glenarm, West of Fair Oaks, North of Columbia.
DisclosuresRentControl
Electric Expense473.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income107988.0
HOA0.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2720.0
Interior FeaturesBalcony, CeilingFans, HighCeilings, OpenFloorplan, GalleyKitchen
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5403.0
Lot Size UnitsSquareFeet
MLS Area647 - Pasadena (SW)
MaintenanceExpense3130.0
MobileHomeRemainsYNNo
Net Operating Income90526.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
Operating Expense17462.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot48
Tenant PaysCableTV, Electricity, Gas
TermsCashtoNewLoan
Total Actual Rent8999.0
Trash Expense0.0
ViewMountains, Neighborhood, Valley
View Y/NYes
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1004.0
Waterfront Y/NNo
Year Built1891
Year Built SourceAssessor
Exterior for 133 Grace Terrace
Building Area Total3480.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.124
Lot Size Area5403.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesDrivewayDownSlopeFromStreet, Garage
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480