425 N Raymond Ave, a 7-unit garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. 425 N Raymond is an attractive two-and-a-half story garden style apartment that was built in 1947. It offers ±5,001 SF building size and is situated on a ±9,902 SF lot size. It has excellent curb appeal with a large parking area in the front. Two of the 2nd floor units have private balcony, and the Penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings.
The property is separately metered for electricity and gas and serviced by a master water heater. Parking is provided by an open space parking in front. There is an existing laundry hookup near the master water heater.