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PendingLuxury

$2,700,000

13,883 sqft$194/sqft42 days on market

1095 N Raymond AVE

Pasadena, CA 91103

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

13,883

Square feet

1961

Built

Listing narrative

Description

Exceptional multifamily investment opportunity in Pasadena! This 10-unit apartment property offers an impressive unit mix consisting of five 2-bedroom/1-bath units and five spacious 4-bedroom/2-bath units, providing a total of 30 bedrooms across the property. Each unit also includes two dedicated covered parking spaces, providing a total of 20 covered parking spaces—an outstanding amenity for a multifamily property. Built in 1961, the property encompasses approximately 16,302 square feet of building area on an approximately 13,883 square foot lot. The combination of generously sized units, substantial bedroom count, and ample covered parking makes this an attractive addition to an investor's portfolio. Located in Pasadena, the property offers convenient access to Old Pasadena, the Rose Bowl, shopping, dining, entertainment, transportation, and major employment centers throughout the San Gabriel Valley and Greater Los Angeles area. With 10 units, a desirable mix of larger floor plans, and two covered parking spaces per unit, 1095 N Raymond Ave presents a compelling opportunity to acquire a substantial income-producing multifamily asset in the Pasadena rental market. Buyer to independently verify all information, including square footage, lot size, unit mix, bedroom and bathroom counts, parking, rents, expenses, zoning, permits, and development potential.

Listing agent (MLS): Bill Toth · Listing brokerage (MLS): First Class Real Estate

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,700,000

Beds

Beds n/a

Type

Condo

Home Size

13,883 sqft

Baths

Baths n/a

Lot Size

0.32 acres

Year

1961

Status

Pending

Days on Market

42

$ / Sqft

$194

· 8% down, 7% APR, 30yr fixed
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Courtesy of First Class Real Estate