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725 N Raymond Ave, Pasadena, CA 91103

$1,999,000

  • Sold
  • Closed
  • Multi-Family
725 N Raymond Ave, Pasadena, CA 91103View this property at 725 N Raymond Ave, Pasadena, CA 91103
725 N Raymond AvePasadenaCA91103

Map & Location

Street View

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 Detailsfor 725 N Raymond Ave

General

  • Sold For: $1,999,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 16-182890
  • Added: 594 day(s) ago

Interior

  • Interior Features: Other

Parking

  • Parking: Auto Driveway Gate, Controlled Entrance, Covered Parking, Driveway Gate, Gated

Location

  • County: Los Angeles
  • 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 (Sq. Ft.): 8,893
  • Zoning: PSR*

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

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Schools

Schoolsserving 725 N Raymond Ave

School District:Pasadena Unified School District
School Name
Grades
Distance
Roosevelt Elementary School, Pasadena, CA
314 North Pasadena Ave, Pasadena, CA 91103
K-5
0.7 mi
Washington Middle School, Pasadena, CA
1505 North Marengo Avenue, Pasadena, CA 91103
6-8
1 mi
John Muir High School
1905 Lincoln Avenue, Pasadena, CA 91103
9-12
1.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 725 N Raymond Ave

Date
Details
Price
Change
Source
1/20/2017
Sold
$1,999,000
MLS
11/02/2016
Listed
$1,999,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 725 N Raymond Ave

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

725 N Raymond Ave, Pasadena, CA 91103 (MLS# 16-182890) is a Multi-Family property that was sold at $1,999,000 on January 20, 2017. 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.