Pasadena CA Multi Family for Sale

ADDITIONAL INFORMATION

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.