LOCALLA
$1,399,800
1312 Raymond Ave Pasadena CA 91103
Residential Income
Built 1925
N/A
$317/sqft
No HOA
N/A
What's Special
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.
Days On Market: 19
Listing updated: April 3, 2026 at 08:23 PM
Listed by: Aram Gaboudian DRE #01493911, Keller Williams Los Angeles
Features & Facts
Interior
- Bedrooms: 10
- Bathrooms: 5
- Square Feet: 4418
- Year Built: 1925
Recently Sold Nearby
Contact a Buyer's Agent
Connect with Tony O'Brien — REALTOR, The Sher Group & LOCALLA
Consent not required to use LOCALLA. See our Privacy Policy.
The Sher Group and Tony O'Brien are not mortgage brokers or lenders and do not provide financing. If you opt in, we may refer you to a third-party licensed mortgage professional. We do not guarantee loan approval, rates, or terms.
Nearby Homes For Sale
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 10/9/2026, 2:32:58 AM. 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.
Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464
Equal Housing Opportunity
Nearby Homes For Sale
Contact a Buyer's Agent
Connect with Tony O'Brien — REALTOR, The Sher Group & LOCALLA
Consent not required to use LOCALLA. See our Privacy Policy.
The Sher Group and Tony O'Brien are not mortgage brokers or lenders and do not provide financing. If you opt in, we may refer you to a third-party licensed mortgage professional. We do not guarantee loan approval, rates, or terms.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 10/9/2026, 2:32:58 AM. 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.
Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464
Equal Housing Opportunity