1312 North Raymond Avenue Pasadena, CA $ 1,399,800
1312 North Raymond Avenue
$ 1,399,800
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1312 North Raymond Avenue

Pasadena, CA, 91103
$ 1,399,800
Baths0.0 Sq 4,418

Monthly Estimate*

$ 8,619

1312 North Raymond Avenue, Pasadena, CA 91103 - Image 1
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Studio

Multi-Family Home for sale in Pasadena, CA

for $1,399,800. This 4,418 square foot home was built in 1925 on a lot size of 0.31.

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.

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Multi-Family Active

Price

$ 1,399,800

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.31

Year Built

1925

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

0026661101

Features
General
Living Area 4418.0
Zoning PSR1
Year Built 1925
Levels One
County Los Angeles
Net Operating Income 86532.0
New Construction No
Property Type C
HOA No
Status Active
City Pasadena
Senior Community Y/N No
MLS Area 645 - Pasadena NW
Lot Size Units Square Feet
Lot Size Square Feet 13290.0
Standard Status Active
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Interior
Kitchen Appliances Disposal
Fireplace Features Electric
Total Stories 1
Heating Y/N Yes
Fireplace Y/N Yes
Total Baths 0
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Exterior
Parking Features Driveway
Lot Size Area 13290.0
Pool Y/N? Yes
Building Area Total 4418.0
Lot Dimensions 79x158
Lot Size Acres 0.31
Land Lease Type Fee
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* Excluded Features
List By
Aram Gaboudian

Listing Agent

Keller Williams Los Angeles

Broker

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$8,619
Per Month
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Monthly Principal & Interest
$8,619
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$1,399,800 Listed Price

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1312 North Raymond Avenue, Pasadena, CA, 91103 is a Multi-Family Home for sale at $1,399,800 with 4,418 sqft and a lot size of 0.31. 1312 North Raymond Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 91103 which is in Pasadena, CA