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Triplex with Detached Residences

884 N Raymond Ave, Pasadena, CA 91103

For Sale
$1,399,000

Three separate homes feature individual utility meters, private outdoor areas, and dedicated heating and air conditioning.

Property Size2,368 SF
Lot Size0.29 Acres
Price / SF$590.79
Days on Market45

Property Features for 884 N Raymond Ave

General Information

Standard status Active
Size 2,368 SF
Lot size 0.29 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood The Front Porch Coalition
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1.5BA, 2 x 1BR/1BA
Multifamily Units 3
Individually Metered Utilities gas, electricity

Amenities

private yard
central air conditioning
washer/dryer
fireplace
hardwood floors
clawfoot tub
high ceilings
front porch

Building Details

Building Size 2,368 SF
Year Built 1924
Buildings 3
Listing Agency: Berkshire Hathaway HomeServices California Propert
Listed By: Rick LeMasters · License #01809152
Source: Trevinoproperties
Added: Sep 25 Changed: Nov 7 Last Checked: Nov 7 at 8:58PM

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 Berkshire Hathaway HomeServices California Propert

Rey
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Investment Insights

Based on property information with market context.

The property comprises three detached residences on a 12,606 sq. ft. parcel. The front home offers 2 bedrooms and 1.5 bathrooms in approximately 1,275 sq. ft.; the two cottages each have 1 bedroom, 1 bathroom, and approximately 550 sq. ft. The cottages feature high ceilings, wood flooring, and clawfoot tubs. Each residence has separate gas and electric meters, central heating and air conditioning, and its own washer and dryer. Private yard areas serve all three homes, and the rear cottage is vacant. The property dates to 1924.

A long driveway provides off-street parking for at least four vehicles and leads to a 3-car garage. Dining, shopping, transit, and cultural destinations are nearby.

Key Highlights

  • Three detached residences on a 12,606 sq. ft. lot
  • Front home: 2 BR / 1.5 BA, approximately 1,275 sq. ft.
  • Two cottages, each with 1 BR / 1 BA and approximately 550 sq. ft.

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,237
Businesses Nearby

Demographics for 91103, CA

26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Los Angeles County, CA

$496 Jul
$537 Aug
$546 Sep
$540 Oct

Properties on Market for Triplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate homes feature individual utility meters, private outdoor areas, and dedicated heating and air conditioning.
Where is this triplex located?
The property is located at 884 N Raymond Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Three detached residences on a 12,606 sq. ft. lot; Front home: 2 BR / 1.5 BA, approximately 1,275 sq. ft.; Two cottages, each with 1 BR / 1 BA and approximately 550 sq. ft.
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