1312 N Raymond Avenue, Pasadena, CA 91103

Pasadena
Local realty services provided by:ERA North Orange County Real Estate
1312 N Raymond Avenue,Pasadena, CA 91103
$1,399,800
  • 10 Beds
  • 5 Baths
  • 4,418 sq. ft.
  • Multi-family
  • Active
Listed by: aram gaboudian
Office: keller williams los angeles
MLS#:26661101
Source:CRMLS

Price summary

  • Price:$1,399,800
  • Price per sq. ft.:$316.84

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:5 day(s) ago
  • Updated:March 11, 2026 at 12:37 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Kitchen Description:Disposal
  • Living area:4,418 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1925
  • Building area:4,418 sq. ft.
  • Lot area:0.31 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,399,800
  • Price per sq. ft.:$316.84

Features and amenities

  • Appliances:Disposal

Parking

  • Parking description:Driveway
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