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725 N Raymond Ave, Pasadena, CA 91103

$1,999,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
725 N Raymond Ave, Pasadena, CA 91103 View this property at 725 N Raymond Ave, Pasadena, CA 91103
725 N Raymond Ave Pasadena CA 91103

Property Description

Non Rent Control investment with future rent upside potential located in a strong rental sub-market. Current ownership has implemented a re-position strategy to upgrade units and enhance curb appeal without an effort to push rent levels up to their maximum potential. All tenants are month to month. Eight Units - Six 1BR & Two 2BR, New Kitchen Cabinets, Laminate Floors, Granite Counter Tops, Hallway Storage, Gated Tenant Parking - 14 Spaces

Full Property Details for 725 N Raymond Ave

  • Price: $1,999,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 16-182890
  • Updated: 11/28/2016
  • Added: 30 day(s) ago

Property History

  • 725 N Raymond Ave, Pasadena, CA
  • Listed at $1,999,000 on 11/2/16

Interior

  • Interior Features: Other

Parking

  • Parking Features: Auto Driveway Gate, Controlled Entrance, Covered Parking, Driveway Gate, Gated
  • Parking Type: Garage, Gated Underground Parking
  • Parking: Auto Driveway Gate, Controlled Entrance, Covered Parking, Driveway Gate, Gated

Location

  • Area: Pasadena NW (645)
  • County: Los Angeles
  • Development Name: Pasadena NW (645)
  • Driving Directions: Orange Grove and Raymond Avenue

Heating & Cooling

  • Cooling Type: Air Conditioning, Wall Unit(s)
  • Heating Type: None

Structural Information

  • # Buildings: 1
  • Square Feet: 4,780
  • Year Built: 1961

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size Source: Vendor Enhanced
  • Zoning: PSR*

Financial Considerations

  • Price Per Sq. Ft.: $418.2

Disclosures and Reports

  • Legal Disclosures: Take Property As Is

Listed by Matthews Retail Group, Inc., David Harrington - CA DRE: 01320460

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Estimate the Cost

725 N Raymond Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

725 N Raymond Ave, Pasadena, CA 91103 (MLS# 16-182890) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 725 N Raymond Ave is currently listed for $1,999,000 and was received on November 02, 2016. Want to learn more about 725 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.

Listed by Matthews Retail Group, Inc., David Harrington - CA DRE: 01320460

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