Active

1715 Raymond Hill Road

South Pasadena, CA 91030

$2,250,000 $9,486/Mo

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Overview

Bed

Bath

3,006

Sqft

8,120

Sqft(Lot)

Description

This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.

Property Details

Property Type : Residential Income

Price : $2,250,000

AD Id : 79434722

MLS Id : AR26109213

Beds : 4

Lot Size : 8,120 Sqft

Living Area Size : 3,006

Year Built : 1946

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Flat Interior Features: Open Floorplan Windows: Wood Frames Property Appliances: Dishwasher,Gas Oven,Gas Range,Gas Water Heater Fireplace: Living Room Flooring: See Remarks
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: Living Room Has Fireplace: 1

Building Information

Year Built: 1946 Building Area Total: 3,006 Roof: Flat
Pool Features

None

Laundry Features

Inside,In Kitchen

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1864
Lot Size Source: Assessor Lot Size Square Feet: 8120

Listing Price Information

Original List Price: 2,250,000 Listing Contract Date: 2026-05-28
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5317027005

Garage and Parking

Garage Description: Assigned

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: 658 - So. Pasadena Directions: East of Fair Oak Ave. Source Property Type: Residential Income Area: 658 - So. Pasadena Property SubType: Quadruplex
Building and Construction

Property Age: 80 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Front door Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1039 Grevelia Street, South Pasadena, CA, 91030	$799,000	4	2	1,448	1,448 SqFt

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ByOwner last updated this listing 06/15/2026 @ 19:12

MLS: AR26109213 LISTED BY: Rosi Ueng, Treelane Realty Group Inc. 626-656-2889 SOURCE: CRMLS