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$2,200,000
1 Day On Site

1648 Raymond Hill Road
South Pasadena, CA 91030

For Sale|Residential Income|Active
8
Beds
4
Total Baths
3,756
SqFt
$586
/SqFt
1946
Built
County:
Los Angeles
Listed by Zach Krasman of Compass zach@zachkrasman.com
Call Now: 951-501-1309
Is this the listing for you? We can help make it yours.
951-501-1309
1648 Raymond Hill Road1648 Raymond Hill Road1648 Raymond Hill Road1648 Raymond Hill Road
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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, and year-round cultural events. Combining four 2+1 units, a four-car garage, solid rents, and proximity to schools, parks, transit, restaurants, and community life, this Raymond Hill property represents a rare combination of income stability, lifestyle appeal, and future growth potential in one of Southern California's most desirable enclaves.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
1 Day
Bedrooms 
8
Inside Area (SqFt) 
3,756 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2245 Acres
Year Built 
1946
MLS® Number 
25557045
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.2245
Disclosures 
RentControl
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
3756
Stories 
Two
Zoning 
SPR310000*
Interior Features
Heating 
Wall Furnace
Laundry Features 
None
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Community Features
MLS Area 
658 - So. Pasadena


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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