1715 Raymond Hill RD, South Pasadena, CA 91030
$2,225,000
$2,250,000
1.1%
Est.Price: ?

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8,119 Sqft Lot

1715 Raymond Hill RD South Pasadena, CA 91030

Est. payment /mo
SOLD DATE : 09/02/2026

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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,225,000

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR26109213

Year Built 1946

Lot Size 8,119 Sqft

Property Sub-Type Quadruplex

Property Description

This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Interior

Heating Central

Cooling Central Air

Flooring See Remarks

Fireplaces Type Living Room

Laundry Inside, In Kitchen

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights

Utilities Available Sewer Connected, Water Available, Water Connected

Roof Type Flat

Building

Lot Description Front Yard, Garden

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Rosi Ueng Treelane Realty Group Inc. 626-589-6852, DRE #01348042
Bought with Norma Mardelli Coldwell Banker Realty

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