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Corner-Unit Triplex with Courtyard

637 Raymond AVE Pasadena, CA 91103

637 Raymond AVE, Pasadena, CA, 91103
$1,799,999
For Sale
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$1,799,999

Corner triplex with three leased residences, central courtyard amenities, detached laundry, and separate utilities.

AddedMay 1
Days on Market76
Last RefreshJul 8 at 4:39 am

Property Features for 637 Raymond AVE

General Information

Standard status
Active
Property subtype
MULTI_FAMILY

Building Details

Year Built
1930

Listing office Keller Williams Westlake Village

Listing date May 1, 2026

Source Milsteinestates

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Westlake Village


Investment Insights

Based on property information with market context.

637 N Raymond Ave is a corner-unit triplex featuring three distinct residences, each configured to feel more like a standalone home. The property includes updated interiors with features such as recessed lighting, updated kitchen finishes, refinished hardwood flooring, and basement storage where applicable. Tenants share a central courtyard designed for everyday use, and there is a detached laundry structure equipped with newer washers and dryers. On-site parking is provided via dual driveways, and separate gas and electrical meters support streamlined operations.

The triplex includes three units: 637 N Raymond Ave (3BR/2BA), 635 N Raymond Ave (2BR/1BA), and 639 N Raymond Ave (3BR/2BA), each currently leased at $3,450/month, $2,600/month, and $3,600/month, respectively. Recent and ongoing presentation improvements include central air conditioning installed across 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. Exterior upgrades also include a mature privet hedge along the Peoria frontage and a planter feature at the Raymond Avenue corner.

For buyers or operators seeking an income-producing residential income property, this triplex offers three already-leased units with separate utility metering, shared outdoor common space, and practical on-site amenities like detached laundry and ample parking. The breadth of capital improvements over the past eight years, along with professional ductwork cleaning in 2026, supports day-to-day tenant comfort and a well-maintained operating profile.

Key Highlights

  • Corner triplex built in 1930 with 3 leased residences and a total monthly rent of $9,650
  • All units have central air installed, plus kitchen and bathroom renovations completed within the past 8 years
  • Each unit leased: 637 N Raymond Ave (3BR/2BA) $3,450/mo, 635 N Raymond Ave (2BR/1BA) $2,600/mo, 639 N Raymond Ave (3BR/2BA) $3,600/mo

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store Locksmith Wine and Liquor Store Supermarket Pet Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Corner triplex with three leased residences, central courtyard amenities, detached laundry, and separate utilities.
Where is this triplex located?
The property is located at 637 Raymond AVE Pasadena, CA.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Corner triplex built in 1930 with 3 leased residences and a total monthly rent of $9,650; All units have central air installed, plus kitchen and bathroom renovations completed within the past 8 years; Each unit leased: 637 N Raymond Ave (3BR/2BA) $3,450/mo, 635 N Raymond Ave (2BR/1BA) $2,600/mo, 639 N Raymond Ave (3BR/2BA) $3,600/mo
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