319 Raymondale Drive South Pasadena, CA $ 2,950,000
319 Raymondale Drive
$ 2,950,000
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319 Raymondale Drive

South Pasadena, CA, 91030
$ 2,950,000
Bedrooms12 Baths6.0 Sq 7,792

Monthly Estimate*

$ 18,627

Listed by Benjamin J. Hsiang, Realty Investment Advisors, Inc., bhsiang@riacre.com
319 Raymondale Drive, South Pasadena, CA 91030 - Image 1
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Multi-Family Home for sale in South Pasadena, CA

for $2,950,000 with 12 bedrooms and 6 full baths. This 7,792 square foot home was built in 1953 on a lot size of 0.2493.

We are proud to present 319 Raymondale, a rare 6-unit apartment complex located in one of the most desirable neighborhoods of South Pasadena. This property has remained under the same ownership for over three decades and owner is ready to retire. Built in 1953, this charming two-story building offers spacious two-bedroom, one-bathroom units, each approximately 1,300 square feet. The total building area spans 7,792 square feet on a generous 10,861 square foot lot. Recent capital improvements reflect true pride of ownership, including a new roof (2020), upgraded windows, newly installed exterior staircases, and five new central HVAC systems. The property also features a shared laundry room with seller-owned machines and is separately metered for gas and electricity. Residents benefit from six off-street parking spaces accessed via a common driveway. Many units have been thoughtfully renovated, showcasing modern finishes such as new flooring, contemporary kitchen cabinetry with quartz or granite countertops, updated plumbing and electrical fixtures, new appliances, and stylish bathroom vanities. Each unit also enjoys its own private patio or balcony, enhancing natural light and indoor-outdoor living.

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Multi-Family Active

Price

$ 2,950,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2493

Year Built

1953

Town/City

South Pasadena

County/Region

Los Angeles

MLS | Web ID

26989901

Days on Market

17

Features
General
Living Area 7792
Sewer Other
Heating Central
Cooling Central Air Wall/Window Unit(s)
Zoning SPR3A10000*
Year Built 1953
Tenant Pays Electricity Gas
Levels Multi/Split
Gross Income 185400
County Los Angeles
Net Operating Income 127304
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions East of Fair Oaks Avenue
City South Pasadena
Senior Community Y/N false
Number Of Units Total 6
MLS Area 658 - So. Pasadena
Lot Size Units Square Feet
Lot Size Square Feet 10861
Carport Y/N true
Property Attached Y/N true
Standard Status Active
Cap Rate 4.32
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 12
Total Baths 6
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Exterior
Parking Features Detached Carport
Total Parking 6
Lot Size Area 10861
Number of Buildings 2
Building Area Total 7792
Lot Dimensions 75x143
Lot Size Acres 0.2493
Lot Size Source Assessor
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* Excluded Features
List By
Benjamin J. Hsiang

Listing Agent

Realty Investment Advisors, Inc.

Broker

bhsiang@riacre.com

Email

Affordability Calculator

$18,627
Per Month
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Monthly Principal & Interest
$18,627
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$2,950,000 Listed Price

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319 Raymondale Drive, South Pasadena, CA, 91030 is a Multi-Family Home for sale at $2,950,000 with 7,792 sqft and a lot size of 0.2493. 319 Raymondale Drive has 12 bedrooms, 6.0 baths, and was built in 1953. The property's zip code is 91030 which is in South Pasadena, CA