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1312 N Raymond Avenue, Pasadena, CA 91103
1312 N Raymond Avenue
Overview
Property ID: HZ26661101
- 10
- 5
- 4418
- 1925
Description
When an opportunity like 1312 N Raymond finally comes around, you have to explore it! The property has 5 detached bungalow style units with a great mix of four 2/1 units and one 2/2 unit on a huge 13,285 SF lot. There is a 5 car garage at the back of the lot. The big lot offers space for multiple ADU’s (Buyer to verify). All tenants are current. The annual gross income is $121,633 at an impressive for Pasadena 11.5 GRM and an OUTSTANDING 6.2 CAP. The market rate gross income is $165,600 at an out of this world 9.5 cap! Buy it, cash flow it, and cost seg it by accelerating the depreciation and deduct hundreds of thousands from your taxes.
Address
Open on Google Maps- Address Raymond
- City Pasadena
- State/county Los Angeles
- Zip/Postal Code 91103
Details
Updated on March 7, 2026 at 7:07 am- Property ID: HZ26661101
- Price: $1,399,800
- Property Size: 4418 Sq Ft
- Bedrooms: 10
- Bathrooms: 5
- Year Built: 1925
- Property Status: ResidentialIncome
- Listed by: Aram Gaboudian
- DRE #: 01493911
- Contact Mail: aramrealestate@gmail.com
- Brokered by: Keller Williams Los Angeles
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