When an opportunity like 1312 N Raymond finally comes around, you have to explore it! The property has 5 detached bungalow style units with a great mix of four 2/1 units and one 2/2 unit on a huge 13,285 SF lot. There is a 5 car garage at the back of the lot. The big lot offers space for multiple ADU's and a garage conversion (Buyer to verify). All tenants are current. The annual gross income is $121,633 at an impressive for Pasadena 11.5 GRM and an OUTSTANDING 6.2 CAP. The market rate gross income is $165,600 at an out of this world 9.5 cap! Buy it, cash flow it, and cost seg it by accelerating the depreciation and deduct hundreds of thousands from your taxes.
Listed by Aram Gaboudian
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License #01493911
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Keller Williams Los Angeles
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626-242-8197
Last updated March 14, 2026
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Source: CRMLS #26661101
Listing Facts
TypeMulti-family
NeighborhoodGarfield Heights
Bedrooms10
Days on Prevu11
Size4,418 sqft
Price per sqft$317
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/06/2026
Listed by Keller Williams Los Angeles
$1,399,800
Property Details for 1312 N Raymond Avenue
Exterior
Construction
Number Of Units Total: 5
Stories: 1
Stories Total: 1
Year Built: 1925
Measurements
Building Area Total: 4,418
Lot Size Acres: 0.30
Lot Size Area: 13,290
Lot Size Dimensions: 79,158
Lot Size Square Feet: 13,290
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.2
Gross Income: $121,633.00
Taxes
Parcel Number: 5728001002
Interior
Features
Appliances: Disposal
Measurements
Living Area: 4,418
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 10
Parking
Parking
Parking Features: Driveway
Utilities
Equipment
Heating: Electric
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 10 bedrooms in this multi-family home at 1312 N Raymond Avenue.
How does 1312 N Raymond Avenue compare to other multi-family homes in Garfield Heights?
This multi-family home is listed 34% below the average price for multi-family homes in Garfield Heights and has been on the market for 61 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,418 sqft.
1312 N Raymond Avenue is a 10-bedroom multi-family home for sale in Pasadena CA 91103. On Prevu for 11 days at $1,399,800. This home features 4,418 square feet of living space, located in Pasadena. The median listing price for multi-family homes in this area is $1,926,000. Additional amenities include parking. View other multi-family home listings in Pasadena.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.