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

Sale Details

Date 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 16, 2016
Sold by
Bought by
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$1,999,000
Sold Price
$1,999,000

Purchase Details

Closed on
Oct 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,479
Interest Rate
0.0564%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,479
Interest Rate
0.0564%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,999,000 North American Title Company
$321,000 Chicago Title Company
$800,000 Chicago Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $1,500,000
Closed $496,000
Closed $560,000
Closed $419,479
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
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

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

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 $1,587 $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

  • David Harrington

    Seller's Agent in 2017

    David Harrington

    Matthews Real Estate Investment Services

    (866) 889-0550

    20 Total Sales

    David Harrington
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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

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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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