CA > South Pasadena
South Pasadena, CA 91030,1648 Raymond Hill RD
South Pasadena, CA 91030,1648 Raymond Hill RD
South Pasadena, CA 91030,1648 Raymond Hill RD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,200,000
Est. payment /mo
8 Beds
4 Baths
3,756 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,756 sqft

Price per Sqft $585

MLS Listing ID 25557045

Bedrooms 8

HOA Y/N No

Year Built 1946

Lot Size 9,779 Sqft

Property Description

Perched on the scenic slopes of Raymond Hill, this four-unit multifamily property in South Pasadena features all 2-bedroom, 1-bath units and offers immediate income with significant upside. One unit has been fully renovated with modern finishes and an open-concept layout, while the remaining three are well maintained and primed for future upgrades. A detached four-car garage with individual stalls adds convenience and potential value. With average rents around $2,200/month and strong local demand, the property generates solid cash flow with room to grow. Located in the highly ranked South Pasadena Unified School District, known for its academic excellence and college prep focus, this building is especially appealing to renters seeking academic growth. The district is consistently recognized for its academic excellence, with South Pasadena High School and its feeder schools boasting A+ ratings and national honors. South Pasadena offers a rare blend of charm, safety, and community, with walkable streets, beautiful parks like Garfield and Arroyo Seco, and convenient access to the Metro A Line for direct transit to DTLA and Pasadena. Locals enjoy a vibrant food scene with beloved spots like The Raymond 1886, Lost Parrot Cafe, and Cannonball, plus nearby shopping, farmers' markets, and year-round cultural events. Combining four 2+1 units, a four-car garage, solid rents, and proximity to schools, parks, transit, restaurants, and community life, this Raymond Hill property represents a rare combination of income stability, lifestyle appeal, and future growth potential in one of Southern California's most desirable enclaves.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPR310000*

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5317025006

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Zach Krasman Compass

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