425 N Raymond Avenue, Pasadena, CA 91103
Local realty services provided by:CENTURY 21 Masters
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26119886
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,850,000
About this home
RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Close to 6% CAP Rate (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance. Current owner has spent enormous time and capital in fully upgrading the building including replacing the mechanical, electrical, plumbing, and roof. They have upgraded the building with new railings, stucco changes, stairway & walkway repair, exterior painting, landscaping, new windows, structural and foundation support, and all units upgraded. The building is fully occupied with market rate tenants and providing excellent rental income close to market. The property is in a quiet and mature residential area surrounded by SFR houses across the street and duplex/fourplex on each side. It is only 2 blocks north of the Old Town Pasadena and minutes away from most of the major attractions in the City of Pasadena including Rose Bowl area. FWY 210 and FWY 134 is less than a minute away from the property. The property was built in 1947, has 5,001 SF building size and is situated on a 9,902 SF lot size. It has a superb curb appeal with a large lawn and parking area in the front with the main building sits in t...
Contact an agent
Home facts
- Listing ID #:AR26119886
- Added:146 day(s) ago
- Updated:October 27, 2026 at 03:30 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,850,000
New listings near 425 N Raymond Avenue
- Coming Soon
$1,675,000Coming Soon-- beds -- baths2,680 sq. ft.511 S Hudson, Pasadena, CA 91101
MLS# IG26231341Listed by: EXP REALTY OF CALIFORNIA INC. - Coming Soon
$1,980,000Coming Soon3 beds 3 baths2,282 sq. ft.2785 Diana Street, Pasadena, CA 91107
MLS# WS26230146Listed by: RE/MAX PREMIER PROPERTIES - Coming Soon
$864,999Coming Soon2 beds 2 baths1,245 sq. ft.170 N Grand Avenue #102, Pasadena, CA 91103
MLS# SR26228781Listed by: KELLER WILLIAMS REALTY-STUDIO CITY - New
$9,500,000Active7 beds 8 baths9,150 sq. ft.1466 San Pasqual Street, Pasadena, CA 91106
MLS# P1-29390Listed by: COMPASS - New
$1,148,000Active3 beds 1 baths1,237 sq. ft.1840 Laurel Bay Drive, Pasadena, CA 91105
MLS# P1-29388Listed by: CORNERSTONE REAL ESTATE SERV. - New
$816,000Active2 beds 2 baths1,017 sq. ft.111 S Oak Knoll Avenue #107, Pasadena, CA 91101
MLS# P1-29382Listed by: BHHS CALIFORNIA PROPERTIES - New
$1,225,000Active2 beds 2 baths1,113 sq. ft.139 S Oak Knoll Avenue #302, Pasadena, CA 91101
MLS# P1-29385Listed by: REMAX DREAM PROPERTIES - Open Sat, 11 to 12pmNew
$1,880,000Active3 beds 2 baths2,412 sq. ft.1080 S Los Robles, Pasadena, CA 91106
MLS# AR26230688Listed by: KELLER WILLIAMS SIERRA MADRE - New
$995,000Active3 beds 1 baths1,216 sq. ft.108 S Oak Avenue, Pasadena, CA 91107
MLS# SW26228526Listed by: REALTY ONE GROUP WEST - New
$1,217,435Active3 beds -- baths7,600 sq. ft.1878 E Walnut Street #303, Pasadena, CA 91107
MLS# P1-29363Listed by: WESTLYN REALTORS