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$1,399,800
New Listing

1312 N Raymond Avenue
Pasadena, CA 91103

For Sale|Residential Income|Active
10
Beds
5
Total Baths
4,418
SqFt
$317
/SqFt
1925
Built
County:
Los Angeles
Listed by Aram Gaboudian of Keller Williams Los Angeles [email protected]
1312 N Raymond Avenue1312 N Raymond Avenue1312 N Raymond Avenue1312 N Raymond Avenue
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Monthly Payment (Est.)

$6,386
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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 (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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Listing Snapshot
Price 
$1,399,800
Days On Site 
0 Days
Bedrooms 
10
Inside Area (SqFt) 
4,418 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3051 Acres
Year Built 
1925
MLS® Number 
26661101
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.3051
Levels 
One
Number Of Stories 
1
Parking 
Driveway
Special Circumstances 
Standard
SqFt Total 
4418
Zoning 
PSR1
Interior Features
Appliances 
Disposal
Heating 
Electric
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Community Features
MLS Area 
645 - Pasadena (NW)


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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