1095 N Raymond, Pasadena, CA 91103
1095 N Raymond, Pasadena, CA 91103
1095 N Raymond, Pasadena, CA 91103
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,700,000
Est. payment /mo
0.32 Acres Lot
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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26208085

HOA Y/N No

Year Built 1961

Lot Size 0.319 Acres

Property Sub-Type Apartment

Property Description

Exceptional multifamily investment opportunity in Pasadena! This 10-unit apartment property offers an impressive unit mix consisting of five 2-bedroom/1-bath units and five spacious 4-bedroom/2-bath units, providing a total of 30 bedrooms across the property. Each unit also includes two dedicated covered parking spaces, providing a total of 20 covered parking spaces—an outstanding amenity for a multifamily property.

Built in 1961, the property encompasses approximately 16,302 square feet of building area on an approximately 13,883 square foot lot. The combination of generously sized units, substantial bedroom count, and ample covered parking makes this an attractive addition to an investor's portfolio.

Located in Pasadena, the property offers convenient access to Old Pasadena, the Rose Bowl, shopping, dining, entertainment, transportation, and major employment centers throughout the San Gabriel Valley and Greater Los Angeles area.

With 10 units, a desirable mix of larger floor plans, and two covered parking spaces per unit, 1095 N Raymond Ave presents a compelling opportunity to acquire a substantial income-producing multifamily asset in the Pasadena rental market. Buyer to independently verify all information, including square footage, lot size, unit mix, bedroom and bathroom counts, parking, rents, expenses, zoning, permits, and development potential.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Interior

Interior Features All Bedrooms Down

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Covered

Carport Spaces 20

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 20

Private Pool No

Building

Lot Description Street Level

Story 3

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Others

Senior Community No

Tax ID 5728006046

Energy Description 542.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Bill Toth First Class Real Estate 818-434-2110, DRE #01023622

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