1648 Raymond Hill Road, South Pasadena, CA 91030
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1648 Raymond Hill Road,South Pasadena, CA 91030
$2,200,000
- 2 Beds
- - Baths
- 3,756 sq. ft.
- Multi-family
- Active
Listed by:zach krasman
Office:compass
MLS#:CL25557045
Source:CA_BRIDGEMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$585.73
About this home
Perched on the scenic slopes of Raymond Hill, this four-unit multifamily property in South Pasadena features all 2-bedroom, 1-bath units and offers immediate income with significant upside. One unit has been fully renovated with modern finishes and an open-concept layout, while the remaining three are well maintained and primed for future upgrades. A detached four-car garage with individual stalls adds convenience and potential value. With average rents around $2,200/month and strong local demand, the property generates solid cash flow with room to grow. Located in the highly ranked South Pasadena Unified School District, known for its academic excellence and college prep focus, this building is especially appealing to renters seeking academic growth. The district is consistently recognized for its academic excellence, with South Pasadena High School and its feeder schools boasting A+ ratings and national honors. South Pasadena offers a rare blend of charm, safety, and community, with walkable streets, beautiful parks like Garfield and Arroyo Seco, and convenient access to the Metro A Line for direct transit to DTLA and Pasadena. Locals enjoy a vibrant food scene with beloved spots like The Raymond 1886, Lost Parrot Cafe, and Cannonball, plus nearby shopping, farmers' markets, an
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Home facts
- Year built:1946
- Listing ID #:CL25557045
- Added:66 day(s) ago
- Updated:August 30, 2025 at 02:23 PM
Rooms and interior
- Bedrooms:2
- Living area:3,756 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1946
- Building area:3,756 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$585.73
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