1609 Raymond Hill Road,  South Pasadena  (91030)

$2,700,000

0 bedrooms 0   0 bathrooms 0   3756 square feet 3,756
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PROPERTY DETAILS

Address: view address
South Pasadena, CA 91030
Map Location
Features: Air Conditioning, Garage, Multi-level
Square Feet:3,756 sq.ft.Lot Size:0.29 acres
Year Built:1946Styles:Colonial
Property Type:QuadruplexNeighborhood:Not Applicable
County:Los AngelesList Date:2021-09-23
Listing Number:P1-6803Days on market:22

PROPERTY DESCRIPTION

1609 Raymond Hill Road offers an exceptional investment opportunity in prestigious South Pasadena. Rarely available, fully occupied rental income property that can be financed with attractive loan rates. Built in 1946 on the grounds of the Raymond Hotel, this 4 unit property consists of four 2 bedroom, 1 bath apartments of approximately 950 square feet each. Built in an era of good quality apartments, the property was fully updated in 2004 with new roofs, central HVAC units for each of the four apartments, new plumbing and updates to the interiors. Bathrooms feature subway tile. All kitchens updated with granite countertops, stainless steel appliances. Bathrooms feature subway tile. Central entrance for all four apartments with two located on the main level and two upstairs The property attracts long term tenants who value amenities like in-home stackable laundry, fireplaces, hardwood floors, window nooks with seating, and very functional floorplans that are light and bright along with easy parking. Detached 4 car garage provides one space per tenant in addition, there are 4 more uncovered parking spaces on site. Triangular shaped parcel creates multiple yard spaces with large trees, sitting areas and room for tenants to host BBQ's. South Pasadena is well known for excellent schools, sense of community and great access to job centers in the region. This property abounds with quality and character while offering a savvy investor the opportunity to add value in a top quality rental market.

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Interior

Air Conditioning:YesCable Television Available:Yes
Central Air:YesCentral Heat:Yes
Dishwasher:YesFireplace In Living Room:Yes
Gas Fireplace(S:YesGas Range:Yes
Microwave Oven:YesRange:Yes
Smoke Alarm:YesTile Flooring:Yes

Exterior

Automatic Garage Door Opener:YesComposition Roof:Yes
Garage Size:4Off Street Parking:Yes
Parking Spaces:8Shared Driveway:Yes
Stucco Exterior:YesStyle:Colonial
Wood Exterior:Yes

Property and Lot Details

Lot Has Eastern Exposure:YesLot On Municipal Road:Yes
Lot Sqft:12,765Lot Zoned:SPR310000
Natural Gas:YesPublic Water:Yes
Sewer:YesSubdivision:Not Applicable
Transaction Type:SaleYear Built:1946

Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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