8 Beds
5 Baths
3,418 SqFt
8 Beds
5 Baths
3,418 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,418 sqft
Price per Sqft $526
MLS Listing ID 226002022
Style Pueblo,Arts & Crafts,Craftsman,Spanish Colonial
Bedrooms 8
Full Baths 5
Year Built 1930
Lot Size 6,587 Sqft
Property Sub-Type Triplex
Source Conejo Simi Moorpark Association of REALTORS®
Property Description
This corner-unit property is thoughtfully configured so each residence lives more like a standalone home than a multi-unit property.
Distinct architectural identities create natural appeal and long-term retention:
637 N Raymond Ave (3BR/2BA) - Currently leased at $3,450/month. A classic Arts & Crafts residence with updated kitchen finishes, recessed lighting, and basement storage. Direct access to the shared courtyard enhances livability.
635 N Raymond Ave (2BR/1BA) - Currently leased at $2,600/month. Recently refreshed with a bright, open layout, galley kitchen, and subtle Santa Barbara influences--arched details and light, airy interiors.
639 N Raymond Ave (3BR/2BA) - Currently leased at $3,600/month. An upper-level unit with a private balcony, wrought-iron stair details, and elevated neighborhood views. Thoughtfully updated and highly rentable in its current condition.
Shared Features: Tenants enjoy a central courtyard designed for everyday use, a detached laundry structure with two pairs of machines, and ample on-site parking via dual driveways--an increasingly valuable amenity in this part of the city. Separate gas and electrical meters also help streamline operations.
This is a low-friction asset: stable tenants, desirable unit layouts, and a presentation that consistently attracts quality renters.
The ''feels like a home'' layout across all three units reduces turnover risk and supports premium rents over time. With Pasadena's steady rental demand and limited inventory, this property sits in a strong position for both immediate returns and long-term hold strategy.
Opportunities like this don't circulate often--especially with this level of character, configuration, and income already in place. Don't miss your chance.
Location
State CA
County Los Angeles
Area 645 - Pasadena Nw
Rooms
Basement Unfinished
Interior
Interior Features Basement, Living Room Balcony, Recessed Lighting, Turnkey
Heating Central Furnace
Cooling Central A/C
Flooring Wood/Wood Like
Laundry Community, Laundry Area, Outside
Exterior
Exterior Feature Balcony
Parking Features Uncovered, Driveway
View Y/N Yes
Building
Lot Description Paved, Back Yard, Corners Established, Curbs, Fenced, Fenced Yard, Front Yard, Landscaped, Lawn, Sidewalks, Street Lighting, Corner Lot
Story 2
Sewer In Street
Others
Virtual Tour https://www.zillow.com/view-imx/f84aa174-0573-4e3f-b636-53f9ca693e82?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Nearby Locations
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Lic# 01770909 | 01834114