425 N Raymond Ave , Pasadena, CA 91103
$2,850,000
Est. Payment: $14,340.75/mo
4 Bed
3 Bath
0 Sqft
Status: active | Days on site: 65
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Close to 6% CAP Rate (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance. Current owner has spent enormous time and capital in fully upgrading the building including replacing the mechanical, electrical, plumbing, and roof. They have upgraded the building with new railings, stucco changes, stairway & walkway repair, exterior painting, landscaping, new windows, structural and foundation support, and all units upgraded. The building is fully occupied with market rate tenants and providing excellent rental income close to market. The property is in a quiet and mature residential area surrounded by SFR houses across the street and duplex/fourplex on each side. It is only 2 blocks north of the Old Town Pasadena and minutes away from most of the major attractions in the City of Pasadena including Rose Bowl area. FWY 210 and FWY 134 is less than a minute away from the property. The property was built in 1947, has 5,001 SF building size and is situated on a 9,902 SF lot size. It has a superb curb appeal with a large lawn and parking area in the front with the main building sits in t

Highlights

Listed by Handoko Chen , 626-224-2495 Growth Investment Group Pasade , 626-594-4900. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

County

Los Angeles

Listing ID

AR26119886

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$14,341
Taxes
$1,817

Home Price

$2,850,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$570,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,340.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,340.75 $1,816.88 $0.00 $16,157.62
Yearly $172,088.99 $21,802.50 $0.00 $193,891.49
Total $5,162,669.80 $654,075.00 $0.00 $5,816,744.80

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Pasadena, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-09T00:22:00.000Z

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