425 N Raymond Avenue, Pasadena, CA 91103

Pasadena
Local realty services provided by:ERA Excel Realty
425 N Raymond Avenue,Pasadena, CA 91103
$2,850,000
  • - Beds
  • - Baths
  • 5,001 sq. ft.
  • Multi-family
  • Active
Listed by: handoko chen
Office: growth investment group pasade626-594-4900
MLS#:AR26119886
Source:CRMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$569.89

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...

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Home facts

  • Year built:1947
  • Listing ID #:AR26119886
  • Added:162 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Flooring:Laminate, Wood
  • Kitchen Description:Dishwasher, Disposal, Gas Range, Range Hood, Refrigerator
  • Living area:5,001 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Flat
  • Year built:1947
  • Building area:5,001 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Landscaped, Lawn, Level with Street, Near Park, Near Public Transit, Rectangular Lot, Street Level
  • Architectural Style:Mid Century Modern
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$569.89

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:9
  • Parking description:Asphalt, Assigned, Driveway
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