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425 N Raymond Avenue

Pasadena, CA 91103
  • $2,250,000
  • STATUS: Pending
  • ON SITE: 33 Days
  • ID#: AR24016983
Pending
UPDATED: 136 min ago
$2,250,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Han Chen of Growth Investment Group Pasade (626-594-4900)


Description

425 N Raymond Ave, a 7-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. 425 N Raymond is an attractive two-and-a-half story garden style apartment that was built in 1947. It offers 5,001 SF building size and is situated on a 9,902 SF lot size. It has excellent curb appeal with a large parking area in the front. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.The property is separately metered for electricity and gas and serviced by a master water heater. Parking is provided by an open space parking in front. There is an existing laundry hookup near the master water heater.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/146998062
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425 N Raymond Avenue Pasadena, CA 91103

  • Price: $2,250,000
  • Status: Pending
  • On Site: 33 Days
  • Updated: 136 min ago
  • ID#: AR24016983
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1947
Built
Neighborhood:
645 - Pasadena (NW)
County:
Los Angeles
Area:
645 - Pasadena (NW)
Property Description
425 N Raymond Ave, a 7-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. 425 N Raymond is an attractive two-and-a-half story garden style apartment that was built in 1947. It offers 5,001 SF building size and is situated on a 9,902 SF lot size. It has excellent curb appeal with a large parking area in the front. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.The property is separately metered for electricity and gas and serviced by a master water heater. Parking is provided by an open space parking in front. There is an existing laundry hookup near the master water heater.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features LevelRectangular LotStreet Level Number Of Separate Electric Meters 7 Open Parking Spaces 9 Parking Features Driveway Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Valley Current Financing None Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 0 Possession Close Of Escrow Property Condition Fixer Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 0 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning PSR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Han Chen of Growth Investment Group Pasade (626-594-4900)