Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27Real estate listing preview #28Real estate listing preview #29Real estate listing preview #30Real estate listing preview #31Real estate listing preview #32Real estate listing preview #33Real estate listing preview #34Real estate listing preview #35Real estate listing preview #36Real estate listing preview #37Real estate listing preview #38Real estate listing preview #39Real estate listing preview #40Real estate listing preview #41Real estate listing preview #42Real estate listing preview #43Real estate listing preview #44Real estate listing preview #45Real estate listing preview #46Real estate listing preview #47Real estate listing preview #48Real estate listing preview #49Real estate listing preview #50Real estate listing preview #51Real estate listing preview #52Real estate listing preview #53Real estate listing preview #54Real estate listing preview #55Real estate listing preview #56
listing
1 of 56
CommercialFor Sale
$11,800,000
155 N Raymond Avenue
Pasadena, CA 91103
Listing Office: Realiv
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$61,009/mo

18-Unit apartment complex with 1 Commercial Space with approximately 2,900 sf of rentable space. Motivated SELLER!!! Note on property is ASSUMABLE WITH A RATE OF 3.75% UNTIL 10/2026 or SELLER IS WILLING TO FINANCE THE DEAL WITH VERY REASONABLE RATE AND TERMS (CONTACT AGENT FOR MORE INFORMATION), contact agent for terms. Located in the heart of Old Town Pasadena this complex is just a few steps away from local eateries and bars, and also shops. The property was built in 2002 and shows pride of ownership with a well-maintained building and units. All units are approximately 900 sf is size and are all 2 bedrooms and 2 bathrooms and come with their own laundry units. There are a total of 29 surface and subterranean parking with 2 handicapped spaces. Situated in the heart of Old Town Pasadena, with a lot of 9,028 square feet. The property is located just 11.3 miles from Downtown Los Angeles and within 2 miles of three top major colleges Art Center College of Design, California Institute of Technology, and Pasadena City College. The property is also located 0.3 miles from the Parsons Corporation and 0.5 miles to Pasadena City Hall and approximately 4.6 miles to JPL. Across the street are Pasadena Memorial Park and the Memorial Park Metro Gold Line Station making an easy commute for those working in Downtown Los Angeles. Offered at a 3.90% Pro-Forma CAP rate and 15.52 Pro-Forma GRM, there is upside potential with below-market rents. These units are easy to rent due to their prime location and well-kept units. The property has very stable and long-term tenants in place.

Get in touch
Information courtesy of Realiv is subject to verification and is not guaranteed.
Community / School Information