South Pasadena, CA 91030 319 Raymondale Drive

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319 Raymondale Drive South Pasadena, CA - Image 4319 Raymondale Drive South Pasadena, CA - Image 5319 Raymondale Drive South Pasadena, CA - Image 6319 Raymondale Drive South Pasadena, CA - Image 7319 Raymondale Drive South Pasadena, CA - Image 8319 Raymondale Drive South Pasadena, CA - Image 9319 Raymondale Drive South Pasadena, CA - Image 10319 Raymondale Drive South Pasadena, CA - Image 11
Presented By: Benjamin J. Hsiang with Realty Investment Advisors, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25524151
  • 04/15/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 6
  • SQFT • 7,792

Home Details

We are pleased to present 319 Raymondale, a rare 6-unit apartment complex located in one of the most desirable neighborhoods of South Pasadena. This property has remained under the same ownership for over three decades and owner is ready to retire. Built in 1953, this charming two-story building offers spacious two-bedroom, one-bathroom units, each approximately 1,300 square feet. The total building area spans 7,792 square feet on a generous 10,861 square foot lot. One unit will be delivered vacantan ideal opportunity for an owner-user to reside on-site while earning income from the remaining units. Recent capital improvements reflect true pride of ownership, including a new roof (2020), upgraded windows, newly installed exterior staircases, and five new central HVAC systems. The property also features a shared laundry room with seller-owned machines and is separately metered for gas and electricity.Residents benefit from six off-street parking spaces accessed via a common driveway. Many units have been thoughtfully renovated, showcasing modern finishes such as new flooring, contemporary kitchen cabinetry with quartz or granite countertops, updated plumbing and electrical fixtures, new appliances, and stylish bathroom vanities. Each unit also enjoys its own private patio or balcony, enhancing natural light and indoor-outdoor living.
Presented By: Benjamin J. Hsiang with Realty Investment Advisors, Inc.;

Interior Features for 319 Raymondale Drive

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 319 Raymondale Drive

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.27
Carport Spaces6.0
Carport Y/NYes
CitySouth Pasadena
CoolingCentralAir
CountyLos Angeles
DirectionsEast of Fair Oaks Avenue
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income186600.0
HOANo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet10861.0
Lot Size UnitsSquareFeet
MLS Area658 - So. Pasadena
MobileHomeRemainsYNNo
Net Operating Income127928.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1953
ZoningSPR3A10000*

Exterior for 319 Raymondale Drive

Building Area Total7792.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2493
Lot Size Area10861.0
Lot Size SourceOwner
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking6.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,995,000
MLS#25524151
List Date 04/15/2025
Property Type Multi-Family
Phone 714.742.6515
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