1609 Raymond Hill Road

South Pasadena, CA 91030

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,756 Sqft
  • 12765
    Sqft(Lot)
$2,650,000

Description

1609 raymond hill road offers an exceptional investment opportunity in prestigious south pasadena. rarely available, fully occupied rental income property with space to add additional dwellings via adu laws. current monthly rents are $11,540/month, $138,408/year. built in 1946 on the grounds of the raymond hotel, this 4 unit property consists of four, 2 bedroom, 1 bath apartments of approximately 950 square feet each. built in an era of good quality apartment homes, the property was fully updated in 2004 with new roofs, central hvac units for each of the four apartments, new plumbing and updates to the interiors. bathrooms feature subway tile. all kitchens updated with granite countertops, stainless steel appliances. bathrooms feature subway tile. central entrance for all four apartments with two located on the main level and two upstairs the property attracts long term tenants who value amenities like in-home stackable laundry, fireplaces, hardwood floors, window nooks with seating, and very functional floorplans that are light and bright along with easy parking. detached 4 car garage provides one space per tenant in addition, there are 4 more uncovered parking spaces on site. triangular shaped parcel creates multiple yard spaces with large trees, sitting areas and room for tenants to host bbq's. south pasadena is well known for excellent schools, sense of community and great access to job centers in the region. this property abounds with quality and character while offering a savvy investor the opportunity to add value in a top quality rental market. one of the sellers is a licensed realtor.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Colonial

  • AD ID

    46914977

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Sewer Tap Paid

    Interior Features

    • Roof : Composition
    • Exterior Property Features : Lighting,Rain Gutters
    • Interior Features: Crown Molding,Granite Counters
    • Property Appliances: Dishwasher,Free-Standing Range,Gas Range,Gas Water Heater,Microwave
    • Fireplace: Gas,Living Room
    • Flooring: Tile,Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Gas,Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1946
    • Building Area Total: 3,756
    • Construction: Stucco,Wood Siding,Copper Plumbing
    • Roof: Composition

    Exterior Features

    • Lighting,Rain Gutters

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Inside,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.293
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 12765

  • Listing Price Information

    • Original List Price: 2,650,000
    • Listing Contract Date: 2024-09-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5317023001

  • Garage and Parking

    • Garage Description: Assigned,Asphalt,Driveway Down Slope From Street,Garage,Garage Door Opener,On Site,Off Street,Paved,One Space,Shared Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 658 - So. Pasadena
    • Postal Code Plus 4: 2042
    • Directions: Located at the Southeast corner of Raymond Hill Road and Fair Oaks. Easy parking off street on Raymond Hill Road.
    • Source Property Type: Residential Income
    • Area: 658 - So. Pasadena
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 78
    • Common Walls: No Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: At front entrance on Raymond Hill Road
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 06:53

  • MLS: P1-19233
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,756 sqft, 12,765 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of South Pasadena , in zip code 91030, this Los Angeles County Home are nearby neighborhoods.