NOT LISTED FOR SALE

725 N Raymond Ave Pasadena, CA 91103

Orange Heights Neighborhood
10 Beds
8 Baths
4,780 Sq Ft
8,893 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $1,999,000 $418 Per Sq Ft

49 Days on Market

Highlights

  • Auto Driveway Gate
  • 14 Car Garage
  • Controlled Entrance
  • Air Conditioning

About This Home

As of January 2017

Non Rent Control investment with future rent upside potential located in a strong rental sub-market. Current ownership has implemented a re-position strategy to upgrade units and enhance curb appeal without an effort to push rent levels up to their maximum potential. All tenants are month to month. Eight Units - Six 1BR & Two 2BR, New Kitchen Cabinets, Laminate Floors, Granite Counter Tops, Hallway Storage, Gated Tenant Parking - 14 Spaces

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 11/02/2016

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 11/02/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,893 Sq Ft Lot

Interior Spaces

  • 4,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 14 Car Garage
  • Auto Driveway Gate
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5725-002-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

8,893 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4780
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 418.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Covered Parking, Driveway Gate, Garage, Gated, Gated Underground
  • Total Parking: 14

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)

Lot Info

  • Assessor Parcel Number: 5725-002-030
  • Geocode Override: No
  • Lot Size Area: 8893

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.33
  • Number Of Units: 8
  • Type Of Units: 1BR / 2BR
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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
01/20/2017 01/20/17 Sold $1,999,000 0.0% $418 / Sq Ft
11/02/2016 11/02/16 For Sale $1,999,000 -- $418 / Sq Ft
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 $26,552 $2,320,003 $1,392,699 $927,304
2024 $26,552 $2,274,514 $1,365,392 $909,122
2023 $26,332 $2,229,917 $1,338,620 $891,297
2022 $1,610 $2,186,194 $1,312,373 $873,821
2021 $1,414 $2,143,329 $1,286,641 $856,688
2019 $1,396 $2,079,759 $1,248,480 $831,279
2018 $1,405 $2,038,980 $1,224,000 $814,980
2016 $11,886 $941,988 $412,119 $529,869
2015 $11,750 $927,839 $405,929 $521,910
2014 $11,555 $909,665 $397,978 $511,687
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Harrington

    Matthews Real Estate Investment Services

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Map

Source: The MLS

MLS Number: 16-182890

The MLS
California Los Angeles County Pasadena 91103 Orange Heights

725 N Raymond Ave, Pasadena, CA

Not Listed for Sale

MultiFamily

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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.
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