21
See all 21 photos
$2,250,000
Est. payment /mo
4 Beds
4 Baths
8,120 Sqft Lot
Open Sat 4PM-6PM
1715 Raymond Hill Road South Pasadena, CA 91030
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Open House
Sat Jun 27, 4:00pm - 6:00pm
Sun Jun 28, 2:00pm - 5:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26109213
Bedrooms 4
Lot Size 8,120 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Fair Oak Ave.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5317027005
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Rosi Ueng, DRE#01348042 Treelane Realty Group Inc.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION