1648 Raymond Hill Rd South Pasadena, CA 91030
Estimated payment $12,329/month
About This Home
Perched on the scenic slopes of Raymond Hill, this four-unit multifamily property in South Pasadena features all 2-bedroom, 1-bath units and offers immediate income with significant upside. One unit has been fully renovated with modern finishes and an open-concept layout, while the remaining three are well maintained and primed for future upgrades. A detached four-car garage with individual stalls adds convenience and potential value. With average rents around $2,200/month and strong local demand, the property generates solid cash flow with room to grow. Located in the highly ranked South Pasadena Unified School District, known for its academic excellence and college prep focus, this building is especially appealing to renters seeking academic growth. The district is consistently recognized for its academic excellence, with South Pasadena High School and its feeder schools boasting A+ ratings and national honors. South Pasadena offers a rare blend of charm, safety, and community, with walkable streets, beautiful parks like Garfield and Arroyo Seco, and convenient access to the Metro A Line for direct transit to DTLA and Pasadena. Locals enjoy a vibrant food scene with beloved spots like The Raymond 1886, Lost Parrot Cafe, and Cannonball, plus nearby shopping, farmers' markets, and year-round cultural events. Combining four 2+1 units, a four-car garage, solid rents, and proximity to schools, parks, transit, restaurants, and community life, this Raymond Hill property represents a rare combination of income stability, lifestyle appeal, and future growth potential in one of Southern California's most desirable enclaves.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,410
Year Built
- Built in 1946
Lot Details
- 9,779 Sq Ft Lot
Parking
- 4 Car Garage
Interior Spaces
- 3,756 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5317-025-006
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,410 | $154,633 | $64,687 | $89,946 |
2024 | $3,410 | $151,602 | $63,419 | $88,183 |
2023 | $3,353 | $148,630 | $62,176 | $86,454 |
2022 | $3,291 | $145,716 | $60,957 | $84,759 |
2021 | $3,215 | $142,860 | $59,762 | $83,098 |
2019 | $3,128 | $138,625 | $57,991 | $80,634 |
2018 | $2,991 | $135,907 | $56,854 | $79,053 |
2016 | $2,787 | $130,632 | $54,648 | $75,984 |
2015 | $2,740 | $128,671 | $53,828 | $74,843 |
2014 | $2,743 | $126,151 | $52,774 | $73,377 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | For Sale | $2,200,000 | -- | $586 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- |
Source: The MLS
MLS Number: 25557045

APN: 5317-025-006
- 35 Columbia St
- 35 W State St
- 319 Raymondale Dr
- 224 Oaklawn Ave
- 117 Brocadero Place
- 217 Oaklawn Ave
- 263 E Glenarm St Unit 101
- 309 Oaklawn Ave
- 301 Wallis St Unit 8
- 293 Ohio St Unit 11
- 216 Fairview Ave
- 604 Garfield Ave
- 322 Alpine St Unit 3
- 702 Park Ave Unit 309
- 1116 Foothill St
- 125 Hurlbut St Unit 210
- 837 Magnolia Ave Unit 12
- 1200 S Orange Grove Blvd Unit 15
- 832 Magnolia Ave Unit 2
- 1245 S Orange Grove Blvd Unit 5
- 188 Cedar Crest Ave Unit 6
- 188 Cedar Crest Ave Unit 5
- 188 Cedar Crest Ave
- 1729 Raymond Hill Rd Unit 3
- 1800 State St
- 1653 Amberwood Dr
- 270 Grace Dr
- 1750 Grevelia St Unit 4
- 1715 Ellincourt Dr
- 83 W Glenarm St Unit 83
- 410 Raymondale Dr
- 263 E Glenarm St Unit 101
- 1100 S Pasadena Ave
- 251 N El Molino Ave
- 1750 Grevelia St
- 319 Ohio St Unit 3
- 1788 Grevelia St
- 1016 S Euclid Ave
- 1418 Magnolia St
- 809 Brent Ave Unit 3