$1,399,800

1312 N Raymond Avenue, Pasadena, CA 91103

  • 10 beds |
  • 5 baths |
  • 4,418 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $317/sqft
  • Property List Date Icon Listed 4 days ago

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.

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
March 11, 2026 at 1:18AM
Listing Office:
Keller Williams Los Angeles : 213-797-7000
Listing Agent:
Aram Gaboudian : 626-242-8197
MLS ID:
26661101
  • Appliances: Disposal
  • Heating: Electric
  • Parking: DrivewayParking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: PSR15728001002
  • Source: CRMLS_CL

This listing courtesy of Aram Gaboudian , Keller Williams Los Angeles

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Washington Elementary STEM Magnet School

1520 N Raymond Ave, Pasadena, CA, 91103

Grades KG-5

0.21 miles away

O

Octavia E. Butler Magnet Middle School

1505 N Marengo Ave, Pasadena, CA, 91103

Grades 6-8

0.26 miles away

J

John Muir High School

1905 Lincoln Ave, Pasadena, CA, 91103

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.