Views
Address
637 N Raymond Avenue, Pasadena, CA
Price
$ 1,799,999
Property Attributes
- MLS#226003500
- TypeSingle Family
- Listing Status Active
- CountyLOS ANGELES
- CityPasadena
- Area645 - Pasadena NW
- Zip91103
- StylePueblo,Arts & Crafts,Craftsman,Spanish Colonial
- Year Built1930
- Price$ 1,799,999
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3418
- Lot Size6587 Acres
Data Source:
Conejo Simi Moorpark Association of REALTORS®
Property Description
In a market where yield matters, 637 N Raymond Ave delivers a clean, well-positioned triplex with strong in-place income and a cap rate projected above 4%. This corner-unit property is thoughtfully configured so each residence lives more like a standalone home than a multifamily unit. Distinct architectural identities create natural appeal and long-term retention: 637 N Raymond Ave (3BR/2BA) - Currently leased at $3,450/month. A classic Arts & Crafts residence with updated kitchen finishes, recessed lighting, and basement storage. Direct access to the shared courtyard enhances livability. 635 N Raymond Ave (2BR/1BA) - Currently leased at $2,600/month. Recently refreshed with a bright, open layout, galley kitchen, and subtle Santa Barbara influences--arched details and light, airy interiors. 639 N Raymond Ave (3BR/2BA) - Currently leased at $3,600/month. An upper-level unit with a private balcony, wrought-iron stair details, and elevated neighborhood views. Thoughtfully updated and highly rentable in its current condition, with beautifully refinished hardwood flooring that enhances its charm and appeal. Shared Features: Tenants enjoy a central courtyard designed for everyday use, a detached laundry structure equipped with newer washers and dryers, and ample on-site parking via dual driveways--an increasingly valuable amenity in this part of the city. Separate gas and electrical meters also help streamline operations. Beyond its strong income profile, the property has benefited from substantial capital improvements over the past eight years. Ownership has invested heavily in the long-term condition and desirability of the asset, including the installation of central air conditioning in all three units, comprehensive kitchen and bathroom renovations throughout, interior and exterior repainting, upgraded recessed lighting, driveway improvements, roof flashing updates, and extensive landscaping enhancements. Recent exterior upgrades include a mature privet hedge along the Peoria frontage and an attractive planter feature at the Raymond Avenue corner, creating strong curb appeal from multiple vantage points. In 2026, the property's ductwork was professionally cleaned throughout, further supporting tenant comfort and system efficiency. This is a low-friction asset: stable tenants, desirable unit layouts, and a presentation that consistently attracts quality renters. The 'feels like a single home' layout across all three units reduces turnover risk and supports premium rents over time. With Pasadena's steady rental demand and limited multifamily inventory, this property sits in a strong position for both immediate returns and long-term hold strategy. Opportunities like this don't circulate often--especially with this level of character, configuration, recent investment, and income already in place. Don't miss your chance.
| Price History | |
|---|---|
| 7/23/2026 | Listed $1,799,999 |
General Features
| Sewer | In Street |
|---|---|
| Heating | Central Furnace |
| Cooling | Central A/C |
| Possession | Close of Escrow |
| Appliances | Dryer,Refrigerator,Washer |
| HOA Fee | 0.0 |
| Garage Spaces | 0.0 |
| Architectural Style | Pueblo,Arts & Crafts,Craftsman,Spanish Colonial |
| Year Built | 1930 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Triplex |
| Parcel Number | 5725004008 |
| HOA Fee 2 | 0.0 |
| County | Los Angeles |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Other Structures | Barn w/Electricity,Shed,Stall(s) |
| Total Rooms | 3 |
| Full Baths | 5 |
| Status | Active |
| City | Pasadena |
| Entry Location | Main Level,Top Level |
| Senior Community Y/N | No |
| MLS Area | 645 - Pasadena NW |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6587.0 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Home Warranty Y/N | No |
| Property Condition | Updated/Remodeled |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.zillow.com/view-imx/f84aa174-0573-4e3f-b636-53f9ca693e82?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
Interior Features
| Interior Amenities | Basement,Living Room Balcony,Recessed Lighting,Turnkey |
|---|---|
| Basement | Unfinished |
| Flooring | Wood/Wood Like |
| Total Stories | 2 |
| Common Walls | End Unit |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Window Features | Double Pane Windows |
| Fireplace Y/N | No |
| Laundry Features | Community,Laundry Area,Outside |
| Total Bedrooms | 8 |
| Entry Level | 1 |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Parking Features | Uncovered,Driveway |
| Lot Features | Paved,Back Yard,Corners Established,Curbs,Fenced,Fenced Yard,Front Yard,Landscaped,Lawn,Sidewalks,Street Lighting,Corner Lot |
| Water Source | In Street |
| Total Parking | 8.0 |
| Lot Size Area | 6587.0 |
| Spa | No |
| Building Area Total | 3418.0 |
| Lot Size Acres | 0.15 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 91103
Price
Year Built
Visits
Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 7:42 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Last updated: September 21, 2026 7:37 AM UTC Property Information © 2026 
The information being provided by Conejo Simi Moorpark Association of REALTORS ® ("CSMAR") is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange ("IDX") program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or
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