1312 N Raymond Avenue, Pasadena, CA 91103
Local realty services provided by:CENTURY 21 Affiliated
1312 N Raymond Avenue,Pasadena, CA 91103
$1,526,500
- 10 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: aram gaboudian
Office: keller williams los angeles213-797-7000
MLS#:26661101
Source:CRMLS
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Price summary
- Price:$1,526,500
About this home
When an opportunity like 1312 N Raymond finally comes around, you have to explore it! The property has 5 detached bungalow style units with a great mix of four 2/1 units and one 2/2 unit on a huge 13,285 SF lot. There is a 5 car garage at the back of the lot. The big lot offers space for multiple ADU's and a garage conversion (Buyer to verify). All tenants are current. The annual gross income is $121,633 at an impressive for Pasadena 11.5 GRM and an OUTSTANDING 6.2 CAP. The market rate gross income is $165,600 at an out of this world 9.5 cap! Buy it, cash flow it, and cost seg it by accelerating the depreciation and deduct hundreds of thousands from your taxes.
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Home facts
- Year built:1925
- Listing ID #:26661101
- Added:48 day(s) ago
- Updated:April 24, 2026 at 06:34 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Kitchen Description:Disposal
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1925
- Levels:1 Story
Finances and disclosures
- Price:$1,526,500
Features and amenities
- Appliances:Disposal
Parking
- Parking description:Driveway
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