637 N Raymond Ave
Pasadena, CA 91103
West Central- 8 Beds
- 5 Baths
- 3,418 sqft
8 Beds
5 Baths
3,418 sqft
Local Information
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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.
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.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$527
Listed
48 days ago
Home Details for 637 N Raymond Ave
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Interior Details Basement: Unfinished,FullNumber of Rooms: 3 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 3418 Square Feet |
Appliances & Utilities Appliances: Dryer, Refrigerator, WasherDryerLaundry: Common Area,Laundry Area,OutsideRefrigeratorWasher |
Heating & Cooling Heating: Central FurnaceHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central Furnace |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Wood/Wood LikeCommon Walls: End Unit |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Main Level, Top LevelFloors: Wood Wood Like |
View Has a View |
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Exterior Home Features Fencing: FencedOther Structures: Barn(s) w/Electricity, Shed(s), Stall(s), Barn w/Electricity, Shed, Stall(s)Exterior: Balcony, Curbs, Lawn, Sidewalks, Street Lighting, Living Room BalconyNo Private PoolLawn |
Parking & Garage No Attached GarageHas Open ParkingParking Spaces: 8Parking: Uncovered,Driveway |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: In Street |
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Cumulative Days on Market: 33Days on Market: 48 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: ResidentialProperty Subtype: TriplexArchitecture: Pueblo,Arts & Crafts,Craftsman,Spanish Colonial |
Building Not a New ConstructionAttached To Another Structure |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 5725004008 |
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Price List Price: $1,799,999Price Per Sqft: $527 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Pasadena |
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Listing Agent Listing ID: 226002022 |
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Building Area Building Area: 3418 Square Feet |
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Not Senior Community |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 6534 sqft |
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Special Conditions: Standard |
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Listing Terms: Other |
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BasementMls Number: 226002022 |
Last check for updates: about 4 hours ago
Listed by: David Samuels DRE #02219765, (747) 746-9817
Keller Williams Westlake Village
Market trends in Pasadena
Last updated May 2026
Avg. sale price
$1.23M
$55KMoM
Sale-to-List Price
101.8%
1.2%MoM
Price per sq ft
$802
$9MoM
Available listings
375
30MoM
Price History for 637 N Raymond Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/01/2026 | $1,799,999 | Listed For Sale | CSMAOR #226002022 |
| 03/24/2021 | ListingRemoved | N/A | |
| 01/29/2020 | $3,000 | ListingRemoved | N/A |
| 01/26/2020 | $3,000 | PriceChange | N/A |
| 12/30/2019 | $3,200 | Listed For Rent | N/A |
| 08/22/2018 | $1,075,000 | Sold | Pasadena Foothills MLS #818003550 |
| 08/01/2018 | $999,000 | Pending | Agent Provided |
| 07/21/2018 | $999,000 | Listed For Sale | Agent Provided |
| 11/16/2004 | $475,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $14,463 |
| Assessment | $1,199,178 |
Home facts updated by county records
Comparable Sales for 637 N Raymond Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Multi-Family Home | $1,085,000 | 04/28/26 | 7 | 4 | 3,658 | |
0.27 | Multi-Family Home | $850,000 | 09/12/25 | 6 | 6 | 2,894 | |
0.30 | Multi-Family Home | $1,200,000 | 07/08/25 | 9 | 6 | 1,525 | |
0.40 | Multi-Family Home | $1,512,000 | 12/31/25 | 9 | 6 | 4,275 | |
0.76 | Multi-Family Home | $1,180,000 | 03/27/26 | 6 | 4 | 2,512 | |
0.75 | Multi-Family Home | $1,335,000 | 03/26/26 | 10 | 6 | 3,586 | |
0.56 | Multi-Family Home | $1,420,000 | 07/31/25 | 5 | 4 | 2,850 | |
0.26 | Multi-Family Home | $1,310,000 | 08/01/25 | 6 | 4 | - | |
0.90 | Multi-Family Home | $1,325,000 | 06/02/26 | 7 | 6 | 4,248 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 637 N Raymond Ave.
What Locals Say about West Central
At least 137 Trulia users voted on each feature.
88 % Say it's dog friendly
87 % Say there are sidewalks
78 % Say it's walkable to restaurants
74 % Say it's walkable to grocery stores
74 % Say car is needed
70 % Say streets are well-lit
66 % Say people would walk alone at night
58 % Say there's holiday spirit
57 % Say they plan to stay for at least 5 years
56 % Say parking is easy
54 % Say yards are well-kept
50 % Say it's quiet
38 % Say neighbors are friendly
38 % Say kids play outside
36 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David Samuels, Keller Williams Westlake Village
Agent Phone: (747) 746-9817

The information being provided by CSMAR is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a visitor may be interested in purchasing or leasing. Information relating to properties referenced on this web site may originate 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 agent who owns this web site. Any information originating from CSMAR, relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data originating from CSMAR is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
637 N Raymond Ave, Pasadena, CA 91103 is a 8 bedroom, 5 bathroom, 3,418 sqft multi-family built in 1930. 637 N Raymond Ave is located in West Central, Pasadena. This property is currently available for sale and was listed by CSMAOR on May 1, 2026. The MLS # for this home is MLS# 226002022.

