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Sold on 01/20/2017
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725 N Raymond Ave, Pasadena, CA 91103

  • $1,999,000

    Last sold 01/20/2017 after 79 Days

  • 3

    bed

  • 2

    bath

House not for sale
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About 725 N Raymond Ave

Property type House
Neighborhood
Year built 1961
HOA fee $0/month
Rental estimate
Property description
Non Rent Control investment with future rent upside potential located in a strong rental sub-market. Current ownership has implemented a re-position strategy to upgrade units and enhance curb appeal without an effort to push rent levels up to their maximum potential. All tenants are month to month. Eight Units - Six 1BR & Two 2BR, New Kitchen Cabinets, Laminate Floors, Granite Counter Tops, Hallway Storage, Gated Tenant Parking - 14 Spaces
Listed by
Listing Agent - David
Listing Office - Matthews Real Estate Investment Services
Source: San Diego MLS mls logo
MLS#16182890 • last updated 6 years ago
Movoto checked San Diego MLS for data 6 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # 16182890
Year Built 1961
Interior
Location
County Los Angeles
APN 5725002030
Zoning PSR*
Directions Orange Grove And Raymond Avenue
Multifamily Details
Unit 2: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 2450
Total # of Units 8
Gross Rent Multiplier (Actual) 19.33
Rental est.: $7,933/month
Gross rent multiplier: 21.0
  • Jan 2017
    mls logo MLS # 16182890
  • Jan 26, 2017 Sold
    $1,999,000
  • Jan 20, 2017 Sold
    $1,999,000
  • Nov 2, 2016 Listed
    $1,999,000
  • Nov 2, 2016 Listed
    $1,999,000
  • 725 N Raymond Ave
    $1.99M
  • Villa Parke
    $970K -8% y/y
  • 91103
    $1.09M 0% y/y
  • Pasadena
    $1.13M -5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
734 N Raymond Ave, Pasadena, CA 91103 $1,236,000 4/3 2,495 0.04
688 N Raymond Ave, Pasadena, CA 91103 $906,000 2/2 1,700 0.06
675 N Raymond Ave, Pasadena, CA 91103 $1,377,000 2/2 2,734 0.06
772 N Raymond Ave, Pasadena, CA 91103 $1,365,000 4/3 2,743 0.06
676 N Raymond Ave, Pasadena, CA 91103 $1,362,000 4/1 2,918 0.07
115 E Orange Grove Blvd, Pasadena, CA 91103 $600,000 1/1 728 0.07
785 N Raymond Ave, Pasadena, CA 91103 $1,471,000 5/2 2,430 0.07
784 N Raymond Ave, Pasadena, CA 91103 $2,940,000 4/2 3,548 0.08

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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N/A
Roosevelt Elementary School
public Grades K-5
Pasadena Unified School District
3/10
Octavia E. Butler Magnet School
public Grades 6-8
Pasadena Unified School District
4/10
John Muir High School
public Grades 9-12
Pasadena Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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