425 N Raymond Avenue
Pasadena, CA 91103
0
Bed
0
Bath
5,001Sqft
9,905Sqft(Lot)
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 chang
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: FlatAppliances: Dishwasher, Disposal, Gas Range, Refrigerator, Range Hood, Dryer, WasherLaundry Features: Washer Hookup, Gas Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1947Building Area Total: 5001Stories: 2Pool Features: NonePrivate Pool: NoView: City Lights
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Lot Information
Main Square Feet: 9905 Lot Size Acres: 0.2274 Lot Size Source: Assessor Lot Size Square Feet: 9,905 Lot Description: Lawn,Landscaped,Level,Near Park,Near Public Transit,Rectangular Lot,Street Level
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Listing Price Information
Listing Price: $2850000Cash, Cash to New Loan, 1031 Exchange
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Tax Information
Parcel Number: 5725003031 Tax Lot: 15 Tax Block: D
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Virtual Tour
Parking Information
Parking Total: 9 Assigned, Asphalt, Driveway
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Utility Information
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
Direction: 210 FWY exit Marengo Ave (Fair Oaks), go north from Marengo Ave and take left on Maple St and make right on Raymond Ave (1 block BEFORE Fair Oaks). WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1993 N Marengo Avenue, Pasadena, CA, 91103 | $1,128,000 | 3 | 2 | 1,259 | 1,259 SqFt |
| 1911 N Summit, Pasadena, CA, 91103 | $700,000 | 3 | 2 | 1,107 | 1,107 SqFt |
| 2070 El Sereno, Pasadena, CA, 91103 | $1,250,000 | 3 | 2 | 1,791 | 1,791 SqFt |
| 1944 El Sereno Avenue, Pasadena, CA, 91103 | $1,018,600 | 5 | 2 | 2,518 | 2,518 SqFt |
| 925 N Marengo Avenue, Pasadena, CA, 91103 | $1,490,000 | 8 | 6 | 3,834 | 3,834 SqFt |
| 70 W Claremont St, Pasadena, CA, 91103 | $899,000 | 3 | 2 | 1,447 | 1,447 SqFt |
| 343 W Howard Street, Pasadena, CA, 91103 | $1,829,000 | -- | -- | 3,408 | 3,408 SqFt |
| 66 W Peoria St, Pasadena, CA, 91103 | $975,000 | 2 | 1 | 1,006 | 1,006 SqFt |
| 769 N Orange Grove Boul.., Pasadena, CA, 91103 | $2,250,000 | 6 | -- | 3,395 | 3,395 SqFt |
| 481 Lincoln Avenue, Pasadena, CA, 91103 | $2,599,000 | -- | -- | 5,061 | 5,061 SqFt |
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ByOwner last updated this listing 07/28/2026 @ 22:41
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