$2,700,000

Estimated payment $18,059/month

Total Views 136
30 Beds
15 Baths
16,302 Sq Ft
$166 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Facilities
  • Traditional Architecture
  • Neighborhood Views
  • Level Lot

About This Home

Exceptional multifamily investment opportunity in Pasadena! This 10-unit apartment property offers an impressive unit mix consisting of five 2-bedroom/1-bath units and five spacious 4-bedroom/2-bath units, providing a total of 30 bedrooms across the property. Each unit also includes two dedicated covered parking spaces, providing a total of 20 covered parking spaces—an outstanding amenity for a multifamily property.

Built in 1961, the property encompasses approximately 16,302 square feet of building area on an approximately 13,883 square foot lot. The combination of generously sized units, substantial bedroom count, and ample covered parking makes this an attractive addition to an investor's portfolio.

Located in Pasadena, the property offers convenient access to Old Pasadena, the Rose Bowl, shopping, dining, entertainment, transportation, and major employment centers throughout the San Gabriel Valley and Greater Los Angeles area.

With 10 units, a desirable mix of larger floor plans, and two covered parking spaces per unit, 1095 N Raymond Ave presents a compelling opportunity to acquire a substantial income-producing multifamily asset in the Pasadena rental market. Buyer to independently verify all information, including square footage, lot size, unit mix, bedroom and bathroom counts, parking, rents, expenses, zoning, permits, and development potential.

Listing Agent

Bill Toth

First Class Real Estate Brokerage Phone: 818-434-2110 License #01023622 Listed on: 09/24/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 13,883 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 16,302 Sq Ft Home
  • 3-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 30 Bedrooms
  • All Bedrooms Down
  • 15 Bathrooms

Parking

  • 20 Parking Spaces
  • 20 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36769
  • Assessor Parcel Number 5728006046
  • $2,698 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Fuel Expense $542
  • Gardener Expense $2,820
  • Insurance Expense $21,359
  • Trash Expense $7,769
  • Water Sewer Expense $3,926
  • Operating Expense $36,416
  • Gross Income $1,617
  • Net Operating Income $184,249

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.32 Acres

Listing Details

  • Standard Status: Active
  • Standard Status: Active
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3926.00
  • Architectural Style: Traditional
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2820.00
  • Parcel Number: 5728006046
  • Year Built: 1961
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 165.62
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 20.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 7769.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13883.00
  • Lot Size Acres: 0.3187

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Fuel Expense: 542.00
  • Gross Income: 1617.00
  • Gross Scheduled Income: 220665.00
  • Insurance Expense: 21359.00
  • Laundry Income: 1617.00
  • Lot Size Area: 13883.0000 Square Feet
  • Net Operating Income: 184249.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 36416.00
  • Rent Control: Yes
  • Total Actual Rent: 18254.00
  • Total Expenses: 36416.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 36769
  • TaxOtherAnnualAssessmentAmount: 2698.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2026 09/24/26 For Sale $2,700,000 -- $166 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26208085

California Regional Multiple Listing Service (CRMLS)
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