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1718 Raymond Hill Road

South Pasadena, CA 91030
  • $1,800,000
  • STATUS: Pending
  • ON SITE: 12 Days
  • ID#: P1-21090
Pending
$1,800,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Vivian Suarez of Engel & Voelkers La Canada ((818) 790-6774)


Description

Set on a serene, winding hilltop street in Raymond Hill, one of South Pasadena's most coveted residential neighborhoods, this charming fourplex is nestled on an expansive 13,700 sq. ft. lot. Large windows throughout each unit invite an abundance of natural light, beautifully highlighting the warm hardwood floors in both the living areas and bedrooms. The character-filled kitchens gracefully open onto private, leafy patios, offering delightful peekaboo views of Mt. Wilson and Pasadena's picturesque Lake District skyline.Significant upgrades include updated electrical panels and copper plumbing throughout the property. Each unit enjoys the convenience of its own dedicated garage parking space located adjacent to the building, and residents have access to a shared laundry facility.Ideally positioned, this property is just moments away from South Pasadena's unique boutiques, restaurants, and cafes, with the vibrant lifestyle of Old Pasadena just minutes away. Additionally, quick freeway access ensures an effortless commute to Downtown Los Angeles. Families will appreciate the excellent South Pasadena schools, further enhancing the appeal.With one unit currently vacant, this property represents an exceptional opportunity for an owner-occupant or investor, boasting a solid 3% cap rate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161045930
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1718 Raymond Hill Road South Pasadena, CA 91030

  • Price: $1,800,000
  • Status: Pending
  • On Site: 12 Days
  • ID#: P1-21090
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1946
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
658 - So. Pasadena
Property Description
Set on a serene, winding hilltop street in Raymond Hill, one of South Pasadena's most coveted residential neighborhoods, this charming fourplex is nestled on an expansive 13,700 sq. ft. lot. Large windows throughout each unit invite an abundance of natural light, beautifully highlighting the warm hardwood floors in both the living areas and bedrooms. The character-filled kitchens gracefully open onto private, leafy patios, offering delightful peekaboo views of Mt. Wilson and Pasadena's picturesque Lake District skyline.Significant upgrades include updated electrical panels and copper plumbing throughout the property. Each unit enjoys the convenience of its own dedicated garage parking space located adjacent to the building, and residents have access to a shared laundry facility.Ideally positioned, this property is just moments away from South Pasadena's unique boutiques, restaurants, and cafes, with the vibrant lifestyle of Old Pasadena just minutes away. Additionally, quick freeway access ensures an effortless commute to Downtown Los Angeles. Families will appreciate the excellent South Pasadena schools, further enhancing the appeal.With one unit currently vacant, this property represents an exceptional opportunity for an owner-occupant or investor, boasting a solid 3% cap rate.
Exterior Features

Architectural Style Traditional Construction Materials StuccoWood SidingCopper Plumbing Entry Location Living Room Fencing Partial Foundation Details Raised Lot Features Back YardYard Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features AssignedDoor-SingleGarage Faces FrontGaragePaved Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Parking Appliances Gas OvenRefrigeratorWater Heater Common Walls 2+ Common Walls1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features DecorativeLiving RoomSee Remarks Fireplace YN Yes Flooring See RemarksWood Heating Fireplace(s)Wall Furnace Heating YN Yes Interior Features Crown MoldingQuartz Counters Window Features Bay Window(s)

Property Features

Association Fee 0 Cap Rate 3 Community Features Street LightsSuburban Fuel Expense 276 Garage YN Yes Gross Income 1200 Gross Scheduled Income 101400 Insurance Expense 6000 Land Lease YN No Laundry Features Common AreaOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHASubmit Net Operating Income 58938 New Taxes Expense 25000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 42462 Possession Close Of Escrow Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 19554 Tenant Pays ElectricityGasSee Remarks Trash Expense 4123.22 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 2465.28 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Vivian Suarez of Engel & Voelkers La Canada ((818) 790-6774)