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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Pasadena / 637 Raymond Avenue
637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 637 Raymond Avenue Pasadena, CA 91103 View All Photos

$1,799,999

| Active

637 Raymond Avenue

Pasadena, CA 91103

3,418
Square Feet
8
Beds
5
Baths
0.15
Acres
105
Days on Market
226003501
MLS#
Multi-Family
Type
House
Structure
Commercial
Zone
Contact
Listing OfficeKeller Williams Westlake Village

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.

Property Details
Interior
Balcony, Recessed Lighting, Galley Kitchen
Cooling
1
Heating
Central
Cooling Features
Central Air
Bedrooms
8
Bathrooms
5.0
Full Baths
5
Lot Features
Back Yard, Corner Lot, Corners Marked, Lawn, Landscaped, Paved, Walkstreet, Yard
Stories
2
Lot Description
Back Yard, Corner Lot, Corners Marked, Lawn, Landscaped, Paved, Walkstreet, Yard
Acres
0.151
Square Feet
3418.0
Lot Size (sqft)
6587.0
Parking Features
Driveway, Shared Driveway, Side By Side, Uncovered
Parking Spaces
8.0
Parking Type
Driveway
Parking Garage Spaces
0.0
Property Type
Multi-Family
Style
Craftsman
Year Built
1930
Utility Features
Overhead Utilities
Appliances
Refrigerator
Community Features
Curbs
County
Los Angeles
Region
Pasadena
Zoning
PSR1
Original List Price
$1,799,999
Days on Market (Cumulative)
105
MLS #
226003501
Property Subtype
ResidentialIncome
Parcel Number
5725004008
MLS #
226003501
Property Condition
Updated Remodeled
Date Listed
July 23, 2026
Address
637 Raymond Avenue
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by David Samuels (#VCR-C159054006)
Listing Office: Keller Williams Westlake Village (#VCR-CG13890001)

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