1312 N Raymond Ave, Pasadena, CA 91103 - Photo 1

1/1

$1,526,500

Sold
Closed
Multi-Family
10 Total Beds

1/1

Property 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 and a garage conversion (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.

Full Property Details

Full Property Details for 1312 N Raymond Ave

General

Sold For: $1,526,500
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 26661101
Added to Site: 50 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5

Bedrooms

Total Bedrooms: 10

Additional Information

Other Features: Other

Parking

Garage Description: Driveway, Garage - 4+ Car

Location

Area: Pasadena NW
County: Los Angeles
Driving Directions: Raymond

Heating & Cooling

Cooling Type: Air Conditioning
Heating Type: Electric

Structural Information

# Buildings: 6
Stories/Levels: 1
Square Feet: 4,418
Sq. Ft. Source: Vendor Enhanced
Year Built: 1925
Year Built Source: Vendor Enhanced

Unit Information

Units in Complex: 5
Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Unit 3

Total Bathrooms: 1
Bedrooms: 2

Unit 4

Total Bathrooms: 1
Bedrooms: 2

Unit 5

Total Bathrooms: 2
Bedrooms: 2

Additional Structures

Other Structures: Other

Lot Features

Lot Size (Acres): 0.3051
Lot Size: 13290
Lot Size Source: Vendor Enhanced
Lot Dimensions: 79 x 158
Zoning: PSR1

Financial Considerations

Price Per Sq. Ft.: $316
Assessment Year: 1925

Disclosures and Reports

Disclosures/Reports: None
APN: 5728-001-002

Listed by Keller Williams Los Angeles, Aram Gaboudian
Sold by Ko Tai Realty, Tiancheng Tim Tan

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Listing agent

— 1312 N Raymond Ave —

Aram Gaboudian

Keller Williams Los Angeles

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Schools

Schools serving 1312 N Raymond Ave

School District:Pasadena Unified School District

Name	Grades	Distance
Washington Accelerated Elementary School 1520 North Raymond Avenue, Pasadena, CA 91103	K-5	0.3 mi
Octavia E. Butler Magnet School 1505 North Marengo Avenue, Pasadena, CA 91103	6-8	0.3 mi
John Muir High School 1905 N. Lincoln Ave., Pasadena, CA 91103	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1312 N Raymond Ave

Date

Details

Price

Change

Source

4/02/2026

Sold

$1,530,500

9.34%

MLS

3/06/2026

Listed

$1,399,800

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1312 N Raymond Ave, Pasadena, CA 91103 (MLS# 26661101) is a Multi-Family property that was sold at $1,526,500 on April 02, 2026. Want to learn more about 1312 N Raymond Ave? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

1312 N Raymond Ave Pasadena, CA 91103