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Listed by: Handoko Chen DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
$2,850,000
8 Beds
6 Baths
--sqft
425 N Raymond, Pasadena, CA 91103
$2,850,000
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Apartment
Built in 1947
$-- HOA
9,905 sqft lot
--/sqft
Description
Prime 7-unit near Old Town Pasadena, Positive Leverage Deal Close to 6% CAP, Adjacent to a future Large Redevelopment Project on Fair Oaks Ave. Seller May Carry. 425 N Raymond Ave, a 7-unit Turnkey Value-add Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Over 6% CAP Rate and low ±12.12x GRM (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about ren...
Continue Reading- Houzeo last checked: 5 Minutes ago
- Listing updated: November 5, 2025 at 10:25 pm
- Source: California Regional MLS-CA | MLS#: AR25253823
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
- sqft
Lot Size
9,905 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR25253823
MLS Status
Active
Days on Market
46
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