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$2,225,000
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Property Description
This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.
Full Property Details
Full Property Details for 1715 Raymond Hill Rd
General
- Sold For: $2,225,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26109213
- Added to Site: 123 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Open Floorplan
- Fireplace(s): Living Room
- Appliances: Gas Water Heater, Gas Range, Gas Oven, Dishwasher
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: Inside, In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 658 - So. Pasadena
- County: Los Angeles
- Development Name: 658 - So. Pasadena
- Driving Directions: East of Fair Oak Ave.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Flat
- Windows: Wood Frames
- Entry Location: Front door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,006
- Year Built: 1946
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1864
- Lot Size Source: Assessor
- Lot Description: Front Yard, Garden
Financial Considerations
- Price Per Sq. Ft.: $740.19
- Price Per Unit: 562500
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Schools
Schools serving 1715 Raymond Hill Rd
School District:South Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Marengo Elementary School 1400 Marengo Avenue, South Pasadena, CA 91030 | K-5 | 1 mi |
South Pasadena Middle School 1500 Fair Oaks Avenue, South Pasadena, CA 91030 | 6-8 | 1.1 mi |
South Pasadena Senior High School 1401 Fremont Avenue, South Pasadena, CA 91030 | 9-12 | 1.1 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 1715 Raymond Hill Rd
Date
Details
Price
Change
Source
9/02/2026
Sold
$2,225,000
-1.11%
MLS
5/28/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1715 Raymond Hill Road, South Pasadena, CA 91030 (MLS# AR26109213) is a Multi-Family property that was sold at $2,225,000 on September 02, 2026. This property was sold by Norma Mardelli from our Pasadena Office.Want to learn more about 1715 Raymond Hill Road? Do you have questions about finding other Multi-Family real estate for sale in South Pasadena? You can browse all South Pasadena real estate or contact a Coldwell Banker agent to request more information.


