$1,526,500
SOLD APR 2, 2026

1312 N Raymond Ave Pasadena, CA 91103

Orange Heights Neighborhood
10 Beds
5 Baths
4,418 Sq Ft
0.31 Acres Lot

Sale Details

Date Sold: April 2, 2026

$346 Per Sq Ft

9% Above List Price

19 Days on Market

Highlights

  • Air Conditioning
  • 1-Story Property
  • 1-minute walk to La Pintoresca Park
  • Heating Available

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Aram Gaboudian

Keller Williams Los Angeles License #01493911 Listed on: 03/06/2026

Keller Williams Los Angeles

Last Buyer's Agent

Tiancheng Tim Tan

KO TAI REALTY License #02237806

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 13,290 Sq Ft Lot
  • Lot Dimensions are 79x158

Interior Spaces

  • 4,418 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Heating Available

Community Details

  • 6 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5728-001-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4418
  • Lot Acreage: 0.3051
  • Lot Dimensions: 79x158
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 316.00

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway, Garage - 4+ Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 70.45
  • Assessed Improvement Value: 299006
  • Assessed Land Percent: 29.55
  • Assessed Land Value: 125444
  • Total Assessed Value: 424450
  • Assessor Parcel Number: 5728-001-002
  • Lot Size Area: 13290

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.50
  • Number Of Units: 5
  • Type Of Units: Bungalows
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Sold $1,526,500 +9.1% $346 / Sq Ft
03/25/2026 03/25/26 Pending -- -- --
03/06/2026 03/06/26 For Sale $1,399,800 0.0% $317 / Sq Ft
06/21/2022 06/21/22 Rented $2,100 0.0% --
05/31/2022 05/31/22 For Rent $2,100 +17.0% --
02/26/2020 02/26/20 Rented $1,795 0.0% --
02/18/2020 02/18/20 Price Changed $1,795 -7.9% $2 / Sq Ft
01/31/2020 01/31/20 For Rent $1,950 -- --
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,129 $424,450 $125,444 $299,006
2024 $6,129 $416,129 $122,985 $293,144
2023 $6,076 $407,971 $120,574 $287,397
2022 $5,891 $399,972 $118,210 $281,762
2021 $5,655 $392,131 $115,893 $276,238
2020 $5,472 $388,111 $114,705 $273,406
2019 $5,476 $380,502 $112,456 $268,046
2018 $5,315 $373,042 $110,251 $262,791
2016 $5,086 $358,559 $105,971 $252,588
2015 $5,027 $353,174 $104,380 $248,794
2014 $4,968 $346,257 $102,336 $243,921
Source: Public Records

Agents Affiliated with this Home

  • Aram Gaboudian

    Seller's Agent in 2026

    Aram Gaboudian

    Keller Williams Los Angeles

    (626) 242-8197

    1 in this area

    29 Total Sales

    Aram Gaboudian
    Section Image

  • T

    Buyer's Agent in 2026

    Tiancheng Tim Tan

    KO TAI REALTY

  • Patrick McGinley

    Seller's Agent in 2022

    Patrick McGinley

    Berkshire Hathaway Home Services Golden Properties

    (626) 797-7622

    1 in this area

    24 Total Sales

    Patrick McGinley
    Section Image
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Map

Source: The MLS

MLS Number: 26661101

The MLS
California Los Angeles County Pasadena 91103 Orange Heights

1312 N Raymond Ave, Pasadena, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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