Raymond Hill RD
South Pasadena, CA, 91030
$2,100,000
8 Beds
4 Baths
3,756 SqFt
0.22 Acres
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Perched on the scenic slopes of Raymond Hill, this four-unit multifamily property in South Pasadena features all 2-bedroom, 1-bath units and offers immediate income with significant upside. One unit has been fully renovated with modern finishes and an open-concept layout, while the remaining three are well maintained and primed for future upgrades. A detached four-car garage with individual stalls adds convenience and potential value. With average rents around $2,200/month and strong local demand, the property generates solid cash flow with room to grow. Located in the highly ranked South Pasadena Unified School District, known for its academic excellence and college prep focus, this building is especially appealing to renters seeking academic growth. The district is consistently recognized for its academic excellence, with South Pasadena High School and its feeder schools boasting A+ ratings and national honors. South Pasadena offers a rare blend of charm, safety, and community, with walkable streets, beautiful parks like Garfield and Arroyo Seco, and convenient access to the Metro A Line for direct transit to DTLA and Pasadena. Locals enjoy a vibrant food scene with beloved spots like The Raymond 1886, Lost Parrot Cafe, and Cannonball, plus nearby shopping, farmers’ markets, and year-round cultural events. Combining four 2+1 units, a four-car garage, solid rents, and proximity to schools, parks, transit, restaurants, and community life, this Raymond Hill property represents a rare combination of income stability, lifestyle appeal, and future growth potential in one of Southern California’s most desirable enclaves.

Property Details

Price:
$2,100,000
MLS #:
25557045
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
658
Listed Date:
Sep 8, 2025
Finished Sq Ft:
3,756
Total Sq Ft:
3,756
Lot Size:
9,779 sqft / 0.22 acres (approx)
Year Built:
1946
658

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Schools

Interior

Heating
WL
Laundry Features
NO

Exterior

Parking Spots
4

Financial

Gross Operating Income
$151,320
Net Operating Income
$117,520

Map

Community

Market Summary

Current real estate data for Single Family in South Pasadena as of Nov 03, 2025
19
Single Family Listed
42
Avg DOM
459
Avg $ / SqFt
$2,027,746
Avg List Price

Property Summary

    Raymond Hill RD South Pasadena CA is a Single Family for sale in South Pasadena, CA, 91030. It is listed for $2,100,000 and features 8 beds, 4 baths, and has approximately 3,756 square feet of living space, and was originally constructed in 1946. The current price per square foot is $559. The average price per square foot for Single Family listings in South Pasadena is $459. The average listing price for Single Family in South Pasadena is $2,027,746.

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Raymond Hill RD
South Pasadena, CA