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103 Grace Terrace, Pasadena, CA 91105
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103 Grace Terrace Pasadena, CA 91105

$1,610,000 Sold Price as of 03/04/2021
  • 4 Beds
  • 4 Baths
  • 2,795 Sq.Ft.
Sold
$1,610,000 Sold Price as of 03/04/2021 Refinance Your Mortgage
Map preview of 103 Grace Terrace, Pasadena, CA 91105

Property Overview: 103 Grace Terrace Pasadena, CA has 4 bedrooms, 4 bathrooms, 2,795 living square feet and 8,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOOKING FOR A SEPARATE HOME OFFICE SPACE?. 3 Separate spaces, each with it's own address. 103 Grace Terrace, the top and most spacious unit with 3 bedrooms/2 baths includes custom upgrades and mountain and city views. The chef’s kitchen is a gourmand’s delight featuring Viking appliances, custom cabinetry and designer countertops. The expansive deck is ideal for entertaining guests and dining al fresco. 105 Grace Terrace offers the perfect space for an office/gym, well suited for artists and professionals with its separate entrance and an adjacent patio. 107 Grace Terrace features a 1 bd 2 bth light-filled lower level apartment, optimal for providing extra income. It features top-tier fixtures, finishes, and kitchen appliances. Located in a desirable and tranquil hilltop location, it is just minutes from the world-class dining, retail, and entertainment of downtown Pasadena.

Listed by Peter Jacobson | BRE #01521345 | Residential Agent, Inc.
Co-listed by Patricia Pearson | BRE #00892722 | Residential Agent Inc.
Last checked: 1 minute ago | Last updated: August 15th, 2023 | Source CRMLS | DOM: 385

Home details

Lot Sq. Ft
8,600
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC20023067
City
Pasadena
County
Los Angeles
Time on Site
1396 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: 14.7
  • Gross Scheduled Income: $115,200
  • Net Operating Income: $81,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,300
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $21,500
  • Trash: $1,200
  • Gardener: $2,400
  • Insurance: $2,000
  • Maintenance: $5,000
  • Water/Sewer: $1,200

Virtual Tour

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Property Details for 103 Grace Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Laminate
  • All Bedrooms Up, Bonus Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Freezer, Disposal, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Vented Exhaust Fan
Interior Features
  • In-Law Floorplan, Balcony, Granite Counters, High Ceilings, Home Automation System, Living Room Deck Attached, Wired for Data, Wired for Sound
  • Levels: Two
  • Window Features: ENERGY STAR Qualified Windows
  • Door Features: Double Door Entry
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Guest House Attached
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway Up Slope From Street, Garage, Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills, Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5719017001
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Combination, Seismic Tie Down
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Fair Oaks Ave and Glenarm St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Pasadena Agent

Sale History for 103 Grace Terrace

Last sold for $1,610,000 on March 4th, 2021

  • March, 2021

  • Mar 5, 2021

    Date

    Sold

    CRMLS: OC20023067

    $1,610,000

    Price

  • Feb 24, 2021

    Date

    Pending

    CRMLS: OC20023067

    $1,699,000

    Price

  • Sep 7, 2020

    Date

    Price Change

    CRMLS: OC20023067

    $1,699,000

    Price

  • Aug 13, 2020

    Date

    Price Change

    CRMLS: OC20023067

    $1,749,000

    Price

  • Mar 5, 2020

    Date

    Price Change

    CRMLS: OC20023067

    $1,899,000

    Price

  • Feb 1, 2020

    Date

    Active

    CRMLS: OC20023067

    $1,975,000

    Price

  • March, 2021

  • Mar 5, 2021

    Date

    Sold

    CRMLS: OC19237085

    $1,610,000

    Price

  • Feb 24, 2021

    Date

    Pending

    CRMLS: OC19237085

    $1,699,000

    Price

  • Sep 7, 2020

    Date

    Price Change

    CRMLS: OC19237085

    $1,699,000

    Price

  • Aug 5, 2020

    Date

    Price Change

    CRMLS: OC19237085

    $1,749,000

    Price

  • Jul 19, 2020

    Date

    Price Change

    CRMLS: OC19237085

    $1,849,000

    Price

  • Mar 5, 2020

    Date

    Price Change

    CRMLS: OC19237085

    $1,899,000

    Price

  • Oct 7, 2019

    Date

    Active

    CRMLS: OC19237085

    $1,975,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2020

  • Feb 1, 2020

    Date

    Expired

    CRMLS: OC19248811

    $1,975,000

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: OC19248811

    $1,975,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity – Classic Pasadena with ADU income! Elegant styling coupled with contemporary features throughout. This beautiful View Home has recently undergone a complete renovation, and features a stunning, high-tech featured main residence with 3 bedrooms, 2 baths , a separate large, light-filled legal ADU, 107 Grace Terrace, with 1 bedroom, and 2 baths, PLUS a third independent flexible space , 107 1/2 Grace Terrace, designed for most any use – fabulous bonus playroom, or Pasadena’s largest walk-in closet!. This stunning renovation features the ultimate gourmet Viking kitchen, custom imported tile bathrooms, sweeping views from virtually every room, and living spaces flowing from a beautiful, large slate entry courtyard, into the living and dining area opening onto a large deck for entertaining and al fresco dining. No expense was spared with this top-to bottom renovation, including all new wiring, plumbing, central AC, and simple to use, high-tech features that will amaze…from sound, lighting, and climate control…all from the sound of your voice. Very unique and Ideal for professionals, families, and extended family living. With $3k+/month is potential income, your dreams are within reach. Exclusive Grace terrace offers easy access to the 110, 210, and 710 freeways, yet is nestled within a quiet, private, hill top location, yet only minutes from shopping, hospitals, restaurants, and all the Pasadena has to offer. An absolute must see!

  • September, 2019

  • Sep 30, 2019

    Date

    Expired

    CRMLS: P0-819002216

    $1,999,000

    Price

  • Aug 6, 2019

    Date

    Price Change

    CRMLS: P0-819002216

    $1,999,000

    Price

  • Jun 25, 2019

    Date

    Price Change

    CRMLS: P0-819002216

    $2,099,000

    Price

  • May 14, 2019

    Date

    Active

    CRMLS: P0-819002216

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous and sophisticated this multi-unit home (duplex plus creative space) is unrivaled in its glamor and versatility. Beautifully landscaped street-to-street lot provides each of the three units a separate entrance location, the privacy of a single family home and a multitude of life-style possibilities. The largest unit,103 Grace Terrace, is a spacious three bedroom home which boasts open plan design and easy indoor/outdoor living. Upgraded to perfection, wrought iron doors open to living and dining spaces accented by stacked stone fireplace and flanked by views from both the deck and balcony. Designer galley kitchen offers aquarella marble with breakfast bar, Viking appliances plus integrated white panel refrigerator and dishwasher, large pantry, designer cabinetry and specialty light fixtures. An expansive deck extends living and dining outdoors with soft cafe lights and glowing fire-pit under beautiful oak branches. Two bathrooms are stunning with marble, textured tile and shining mirrors. Owner's suite is large with sitting area and private balcony. 107 Grace Terrace is also fully upgraded with one bedroom, two large baths, full kitchen and generous living space plus two car garage. 107 1/2 Grace Terrace is a creative space with separate entry.

  • September, 2019

  • Sep 30, 2019

    Date

    Expired

    CRMLS: P0-819002254

    $1,999,000

    Price

  • Aug 6, 2019

    Date

    Price Change

    CRMLS: P0-819002254

    $1,999,000

    Price

  • Jun 25, 2019

    Date

    Price Change

    CRMLS: P0-819002254

    $2,099,000

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: P0-819002254

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous and sophisticated this multi-unit home (duplex plus creative space) is unrivaled in its glamor and versatility. Beautifully landscaped street-to-street lot provides each of the three units a separate entrance location, the privacy of a single family home and a multitude of life-style possibilities. The largest unit,103 Grace Terrace, is a spacious three bedroom home which boasts open plan design and easy indoor/outdoor living. Upgraded to perfection, wrought iron doors open to living and dining spaces accented by stacked stone fireplace and flanked by views from both the deck and balcony. Designer galley kitchen offers aquarella marble with breakfast bar, Viking appliances plus integrated white panel refrigerator and dishwasher, large pantry, designer cabinetry and specialty light fixtures. An expansive deck extends living and dining outdoors with soft cafe lights and glowing fire-pit under beautiful oak branches. Two bathrooms are stunning with marble, textured tile and shining mirrors. Owner's suite is large with sitting area and private balcony. 107 Grace Terrace is also fully upgraded with one bedroom, two large baths, full kitchen and generous living space plus two car garage. 107 1/2 Grace Terrace is a creative space with separate entry.

  • May, 2018

  • May 29, 2018

    Date

    Sold

    CRMLS: 315011810

    $1,185,000

    Price

  • Listing provided courtesy of CRMLS

    Rarely Available Attractive Triplex close to the historic Grace Mansion and The Water Tower House. These units exude charm and character. New PEX plumbing. Hardwood floors. Garage and parking at lower level. Month to month leases. Unit 105-Rent $1995/Month. 2 Bedrooms and 1 bathroom (2nd bedroom possibly den conversion). Living room, fireplace, decks. Unit 103-Rent $1775/Month. 2 Bedrooms and 1 bathroom (2nd bedroom possibly den conversion). Unit 107-Rent $1360-Studio. Rents can be raised. Communal laundry room with washer and dryer. Large bonus room - could generate additional income.Tranquil garden setting. Close to Old Town Pasadena, South Pasadena, Shops, Restaurants, and Freeway. Great for Owner use and investment. Desirable Location!!!

  • March, 2016

  • Mar 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,185,000

    Price

  • July, 2004

  • Jul 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $749,000

    Price

Show More

Tax History for 103 Grace Terrace

Assessed Value (2020): $1,306,989
Year Land Value Improved Value Assessed Value
2020 $865,945 $441,044 $1,306,989

Home Value Compared to the Market

This property vs the competition

103 Grace Terrace sold on March 4, 2021 for 35.92% higher than the current median sold price for the city of Pasadena which is $1,250,000. The median sold price per/sqft for Pasadena is $763 and this home is sold at $607.87 per/sqft which puts the price per square foot 20.33% lower than the current median sale per square foot for the city of Pasadena.

About 103 Grace Terrace

Detailed summary of property

103 Grace Terrace is a single family home that recently sold in Pasadena, CA 91105. This house offered 4 bedrooms, 4 bathrooms, roughly 2,795 living square feet, and sits on an approximately 8,600 square foot lot. 103 Grace Terrace was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,610,000. Home in Pasadena are selling for a median price of $1,250,000 and a median price per square foot of $763. Based on Ardent Real Estate Group's Pasadena Market Data, this home is sold 35.92% higher than the current median priced home. Local homes that are currently for sale include 437 N Summit Ave, 1380 Cresthaven Dr and 6295 Church St. While the average home in Pasadena, CA is selling in 51 days, 103 Grace Terrace has a days on market of 385 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 103 Grace Terrace Pasadena, CA 91105 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 103 Grace Terrace

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
2,184
Lot Size
8,605
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
5719-017-001

The source for these homes facts are from public records.

91105 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,750,000
Median List Price/Sq.Ft.
$873
Median Sold Price
$1,702,000
Median Sold Price/Sq.Ft.
$879
Total Inventory
49
Median Sale to List Price %
115.39%
Avg Days on Market
18
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (46.67%), Other (26.67%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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