Movoto Real Estate
Sold on 03/25/2026

1312 N Raymond Ave, Pasadena, CA 91103

$1,526,500

Last sold 03/25/2026 after 18 Days

  • 10

    bed

  • 5

    bath

  • 4,418

    Sqft ($346/Sqft)

Multi-family not for sale

About 1312 N Raymond Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 0.31 Acre
Movoto estimate
Property description
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 and a garage conversion (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.
Listed by
Listing Agent - Aram Gaboudian
Listing Office - Keller Williams Los Angeles
Source: The MLS mls logo
MLS#26661101 • last updated 5 months ago
Movoto checked The MLS for data 9 minutes ago
Overview
Levels/Style One
MLS # 26661101
Type Residential Income
Status Sold
SqFt 4418
Lot Size (SqFt) 13290
Lot Size (Acres) 0.3051
Year Built 1925
Interior
Total # of Baths 5
Total # of Bedrooms 10
Exterior
Parking Desc Driveway, Garage - 4+ Car
Add'l Structures Other
Amenities / Utilities
Equipment Garbage Disposal
Location
County Los Angeles
Zoning PSR1
APN 5728-001-002
Multifamily Details
Unit 5: # Baths 2
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 5: Furnished No
Unit 3: Projected Rent 2700
Unit 1: Projected Rent 2700
Unit 1: # Beds 2
Unit 4: # Beds 2
Unit 1: Rent 2466
Unit 2: Rent 1522
Unit 3: Rent 1719
Unit 4: Rent 2646
Unit 5: Rent 1784
Unit 2: Furnished No
Unit 2: Projected Rent 2700
Unit 5: Projected Rent 3000
Unit 4: Projected Rent 2700
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 5: # Beds 2
Unit 4: Actual Rent 2646
Unit 2: Actual Rent 1522
Unit 3: Actual Rent 1719
Unit Type 2106, 2107, 2108, 2109, 2110
Unit 5: Actual Rent 1784
Unit 1: Actual Rent 2466
Total # Of Buildings 6
Net Operating Income 86532
Cap Rate 6.2
Gross Income 121633
Gross Operating Income 121633
Gross Rent Multiplier 11.5
Total Annual Expenses 35100
$1.52M
Range: $1.37M-$1.67M
Last 30 days 
  • Apr 2026
    Public Records
  • Apr 2, 2026 Sold
    $1,526,500 (-0.3%)
  • Apr 2026
    mls logo MLS # 26661101
  • Apr 2, 2026 Sold
    $1,530,500 (+9.3%)
  • Mar 25, 2026 Pending
  • Mar 6, 2026 Listed
    $1,399,800 (+483.2%)
  • Apr 2001
    Public Records
  • Apr 26, 2001 Sold
    $240,000
  • Year Property taxes Tax assessment
  • 2024
    $6,129 +0.9%
    $416,129 +2.0%
  • 2023
    $6,076 +3.1%
    $407,971
  • 2022
    $5,891 +4.2%
    $407,971 +4.04%
  • 2021
    $5,655 +3.3%
    $392,131 +1.04%
  • 2020
    $5,472 +3.0%
    $388,111 +4.04%
  • 2018
    $5,315
    $373,042
  • 1312 N Raymond Ave
    $1.52M
  • Garfield Heights
    $1.14M +9% y/y
  • 91103
    $970K -19% y/y
  • Pasadena
    $1.1M -10% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
4/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Garfield Heights

Explore everything this neighborhood has to offer. Learn more about Garfield Heights.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Pasadena, CA

Nearby homes for sale in Pasadena, CA

Newest listings in 91103

  • Real Estate
  • CA
  • Los Angeles County
  • Pasadena
  • 91103
  • Garfield Heights
  • 1312 N Raymond Ave
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by The MLS™. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 Combined L.A./Westside MLS. All rights reserved.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.