820 N Raymond Ave, Pasadena, CA 91103
SOLD
JAN 22, 2026
Listed by Handoko Chen, Growth Investment Group Pasade . Bought with Figure 8 Realty

$12,867,500

Trulia Estimate
  • 50 Beds
  • 50 Baths
  • 36,228 sqft (on 1.18 acres)

820 N Raymond Ave, Pasadena, CA 91103

North Central
Est. Refi. Payment $80,318/mo*
Refinance Your Home
Currently Off Market - Sold Jan 22, 2026 for $12,900,000 (11% below list price)

Home Value

Trulia Estimate
$12.9M
Since last month
Decreased$55K (-0.4%)
Since last year
Decreased$2M (-13.8%)
Since last sale
Decreased$33K (-0.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -28% in the last 10 years
MonthEstimated value
2026
August 2026$12.87M
August 2026$12.85M
July 2026$12.92M
June 2026$13.04M
May 2026$13.02M
March 2026$12.86M
February 2026$12.88M
January 2026$12.89M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
275 S Marengo Ave, Pasadena, CA
1.32
Multi-Family Home
$8,750,000
10/03/25
46
39
29,930
719-721 N Garfield Ave, Pasadena, CA
0.29
Multi-Family Home
$3,400,000
09/17/25
32
16
10,571
215 S Madison Ave, Pasadena, CA
1.37
Multi-Family Home
$10,250,000
06/30/26
41
42
34,815
485 E Washington Blvd, Pasadena, CA
0.79
Multi-Family Home
$4,675,000
12/23/25
25
24
13,859
195 S Wilson Ave, Pasadena, CA
1.68
Multi-Family Home
$11,000,000
09/01/26
52
52
36,983
423 N Garfield Ave, Pasadena, CA
0.52
Multi-Family Home
$2,850,000
05/08/26
16
12
9,272
965 N Summit Ave, Pasadena, CA
0.17
Multi-Family Home
$1,512,000
12/31/25
9
6
4,275
826 N Summit Ave, Pasadena, CA
0.08
Multi-Family Home
$1,085,000
04/28/26
7
4
3,658
842 N Summit Ave, Pasadena, CA
0.08
Multi-Family Home
$850,000
09/12/25
6
6
2,894

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
847 N Raymond Ave #9A, Pasadena, CA 91103
0.05
$499,999
2
2.5
997
For Sale
109 Painter St, Pasadena, CA 91103
0.02
$1,218,800
3
3
1,449
Off Market
102 E Mountain St, Pasadena, CA 91103
0.08
$1,147,800
4
3
1,629
Off Market
112 E Mountain St, Pasadena, CA 91103
0.08
$831,300
3
2
1,260
Off Market
826 N Summit Ave, Pasadena, CA 91103
0.08
$1,085,000
7
4
3,658
Recently Sold
842 N Summit Ave, Pasadena, CA 91103
0.08
-
6
6
2,894
Off Market
175 Painter St, Pasadena, CA 91103
0.10
$900,000
5
2
1,915
Recently Sold
718 N Raymond Ave #6, Pasadena, CA 91103
0.13
$849,500
4
3
1,549
For Sale
894 N Summit Ave, Pasadena, CA 91103
0.11
$886,800
3
1
1,236
Off Market
50 W Mountain St #5, Pasadena, CA 91103
0.19
$782,500
3
2
1,441
Off Market
50 W Mountain St #16, Pasadena, CA 91103
0.19
$725,000
3
2
1,419
Recently Sold

Local Information

  • Map ViewExplore the area around 820 N Raymond Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1964
1.18 acre lot
36,228 sqft
$356/sqft
Garage

About this House

THE RAYMOND VILLA, a 50-unit value-add garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. The property is within walking distance (±1mile) to Rose Bowl Area and Old Town Pasadena, and situated on a quiet tree-lined street on Raymond Ave and Painter St.

This investment offers an ASSUMABLE LOAN with ±57% Loan-To-Value (LTV) at very low 2.9% interest rates fixed until October 2026 and due in 28 years (October 2051). Just by assuming the current loan and operating the building as-is, the new owner could realize a stable ±8.09% cash-on-cash return on year-1 and a whopping ±14.39% return stabilized at proforma/market rent (Buyer to Verify). The property has brand new roofs (3 out of 4 buildings), upgraded electrical panel (each unit has 100amps breaker), and the parking soft story retrofit were recently completed.

The Raymond Villa is an attractive two-story garden style community that was built in 1964 with ±36,228 SF building size and situated on a large ±51,227 SF / ±1.18-acre lot size. It has excellent curb appeal with mature trees in the front and a secure entrance and gated parking. Walking into the courtyard area, tenants will enjoy a fenced swimming pool, and multiple large and manicured garden planters and courtyard area that can be re-utilized as barbeque area, dog walking area, kids’ play area and other amenities.

It offers an excellent unit mix of 30 x 2 bedrooms+1bathroom, and 20 x 1bedroom+1bathroom units. Each unit is large and bright with an excellent layout and a private patio/balcony. Each unit is separately metered for electricity (ALL ELECTRIC building). Each unit has windows A/C, wall heating, ceiling fans, mirrored closets, and plenty of linen cabinets. ±30 units have had some kind of upgrades which may include new kitchen (new cabinets + quartz/granite countertops), and/or new bathroom (new tiled bathroom/shower, new bathroom vanity, and hardware).

Parking is provided by combinations of garage on the side, tuck-under parking in the back, and a detached carport in the back. There are 52 parking spaces with 8 garage spaces on the side, 30 tuck under parking in the back, and 14 spaces in a detached carport (buyer to verify).

There are 2 laundry rooms with ±5 laundry machines in each room (total 10 machines) and all the machines belong to the owner and come with the sale. The property is separately metered for electricity.
820 N Raymond Ave, Pasadena, CA 91103 is a 50 bedroom, 50 bathroom, 36,228 sqft multi-family in North Central, built in 1964. It last sold for $12,900,000 on Jan 22, 2026 (11% below the $14,500,000 asking price). More recently, it was listed as a rental in March 2014 with an asking price of $1,000 per month. That rental listing was removed on April 8, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $12,867,500, with a rent estimate of $2,024/month.

Home Details for 820 N Raymond Ave

Interior Features

Beds & Baths
Number of Bedrooms: 50Number of Bathrooms: 50
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Gas RangeLaundry: Common Area
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Flooring: Laminate, Vinyl, WoodCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: 1Accessibility: NoneFloors: Laminate, Vinyl, Wood
View
Has a ViewView: Mountain(s), Neighborhood
Security
Security: Security Gate, Resident Manager, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: FlatFencing: Wrought IronNo Private Pool
Parking & Garage
Number of Garage Spaces: 8Number of Carport Spaces: 44Number of Covered Spaces: 52Has a CarportHas a GarageParking Spaces: 52Parking: Attached Carport,Assigned,Asphalt,Controlled Entrance,Covered,Driveway,Private,Community Structure
Pool
Pool: Community
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 157

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Mid-Century Modern
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Repairs Cosmetic, Updated/RemodeledParcel Number: 5725011023

Price & Status

Price
List Price: $14,500,000Price Per Sqft: $356/sqft
Status Change & Dates
Off Market Date: Tue Dec 23 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Pasadena

Building

Building Area
Building Area: 36228 Square Feet

Community

Community Features: Street Lights, Valley, PoolNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 1.176 Acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: NONEListing Terms: Cash, Cash to Existing Loan, Cash to New Loan

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: AR25279872Living Area Range Units: Square FeetAttribution Contact: han.chen@growthinvestmentgroup.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-5725011023-R-N

Additional Information

Street LightsValleyPool

Price and Tax history

DateEventPrice
Jan 22, 2026
Source: CRMLS #AR25279872
Sold
$12,900,000
Dec 23, 2025
Source: CRMLS #AR25279872
Pending
$14,500,000
Nov 24, 2025
Source: SDMLS #AR25139098
ListingRemoved
$14,500,000
Jun 23, 2025
Source: SDMLS #AR25139098
Listed For Sale
$14,900,000
Apr 8, 2014
Source: Agent Provided
ListingRemoved
$1,000

Market trends in Pasadena

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.19M
$9.67KMoM
Sale-to-List Price
100.8%
1.2%MoM
Price per sq ft
$779
$27MoM
Available listings
367
22MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North Central
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Central

At least 199 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 80 % Say it's dog friendly

  • 78 % Say car is needed

  • 67 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 65 % Say it's walkable to grocery stores

  • 62 % Say parking is easy

  • 60 % Say there's wildlife

  • 59 % Say it's walkable to restaurants

  • 58 % Say they plan to stay for at least 5 years

  • 56 % Say streets are well-lit

  • 51 % Say it's quiet

  • 51 % Say kids play outside

  • 46 % Say people would walk alone at night

  • 45 % Say neighbors are friendly

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rosie Pineda
    "Great diversity in this area which is rare in many parts of souther California. Great community events! "
    0
    Flag
  • Barbara Mitchell
    "This is a very dog-friendly neighborhood. Lots of fellow dog-walkers and a nearby park. But also the occasional skunk or coyote, so you always have to be on alert. "
    0
    Flag
  • Barbara Mitchell
    "I’m retired. Does not apply. Altho Pasadena is very centrally located to downtown LA, Glendale and other large places of business. "
    0
    Flag
  • Larstrella62
    "I have lived here over 36 years and seen it get better, with more business, it’s safer to walk around "
    0
    Flag
  • danielslattery
    "We have happy hours. Potlucks. Street parties and more. Progressive dinner parties. Community yards sales"
    0
    Flag
  • Benjaminramos323
    "We like to see other friendly dog owners getting along with other dog owners. Like how they pick up after their mess. And be respectful and kind with each other. "
    1
    Flag
  • Barbara Mitchell
    "There are some areas that are less safe than others…ask your old-time neighbors. (For example, don’t walk in these streets alone or at night)."
    1
    Flag
  • Trulia User
    "Our street is pretty busy but wouldn’t live anywhere else, been her 42 years and have not had any issues. "
    2
    Flag
  • John D.
    "We live on Glen Ave which is a quiet street with really good neighbors all around. It's much more attractive and well kept than South of Washington or immediately North of Woodbury, although North of Woodbury has been gentrifying extremely rapidly especially since Covid started. There are quite a few churches and a Buddhist temple. This area is very convenient with really awesome supermarkets like Super King and Vallarta that have much better produce options than Vons or Pavilions, which are also nearby. It's extremely quick to get to Trader Joe's as well. You can easily access outdoor and water activities at the Rose Bowl, the arroyo, or Descanso Gardens and there is a 24 hour fitness at Woodbury & Lincoln if you want to stay indoors. The kids from the high school walk home through the neighborhood but they generally behave themselves and it hasn't been a problem. Street parking is easy but guests parking overnight in Pasadena need a $5 permit that you get from a kiosk at the fire station on Fair Oaks."
    3
    Flag
  • Shakiyla A. D.
    "Some people like to speed on the street. So it’s good to just keep a safe distance when crossing the street"
    3
    Flag
  • Hfrasert
    "North lake sees a lot of transients and drug activity. i live right offnofnLake, I hear sirens a lot, and ive had my maik tampered with muktiole times. "
    8
    Flag
  • Vmhdesign
    "There are Beautiful craftsman, bungalows and Victorian homes on every block. On Saturday there is a farmers market at the local high school. "
    11
    Flag
  • Lorraine F.
    "Well I live in upper Altadena, but i used to live down on w mountain and I liked it there. I mean other than the “landlord” there (she’s long gone btw) , and there was the occasional parties that personally didn’t bug me but I know how it can be. But anyway Altadena is really cool and mostly quiet. And ever now and then you’ll see a couple of horseback riders which I love and I’d say that sorta unique."
    16
    Flag
  • Imani T.
    "Public transportation is good. Neighbors are nice. Neighborhood is safe. Neighbors are like family. Very nice."
    0
    Flag
  • T D
    "Lots of speeding traffic on bigger streets, pedestrians should be careful. Otherwise very safe neighborhood."
    2
    Flag
  • AP
    "It is relatively close to Old Pasadena and it has a sense of small community. There's shops and salons within walking distance."
    5
    Flag
  • Ariana P.
    "Most dogs are enclosed so it's a good place to walk your dogs around the block. Also, there is always people so your dog would get used to being around people. "
    2
    Flag
  • liz
    "While it is nice. It is surrounded by very sketchy areas with high crime. This home stands out as is one of the nicest homes."
    31
    Flag
  • Hartemployment
    "it's one of only a few city blocks that has it's electricity lines underground. so we don't experience interference from fallen tree branches when there's wind."
    5
    Flag
  • David M.
    "Very quite, relaxing, mesmerizing, walkable place to live. It is a peaceful neighborhood to live for you and your family."
    2
    Flag

LGBTQ Local Legal Protections

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 2026-09-12 00:58:58 PDT 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

Frequently asked questions about 820 N Raymond Ave

  • What is 820 N Raymond Ave estimated to be worth?
    Trulia's estimated value for 820 N Raymond Ave in Pasadena, CA is $12,867,500.
  • What is the price history for 820 N Raymond Ave?
    820 N Raymond Ave in Pasadena, CA last sold for $12,900,000 in January 2026.
  • Is Pasadena a buyer's or seller's market?
    Pasadena is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Pasadena?
    The median sale price in Pasadena is $1.19M. That is down $9.67K from the prior month.
  • Does 820 N Raymond Ave have air conditioning?
    Yes, 820 N Raymond Ave in Pasadena, CA has air conditioning.
  • Does 820 N Raymond Ave have a pool?
    Yes, 820 N Raymond Ave in Pasadena, CA has a pool.

Explore by feature - Pet Friendly

249 pet-friendly rentals in Pasadena, CA

Explore by feature - Garage

207 rentals with a garage in Pasadena, CA

Explore by feature - Air Conditioning

472 rentals with air conditioning in Pasadena, CA

Explore by feature - Pool

98 rentals with a pool in Pasadena, CA

Explore by feature - Washer/dryer

344 rentals with a washer/dryer in Pasadena, CA

Explore by feature - Outdoor Space

46 rentals with an outdoor space in Pasadena, CA

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 820 N Raymond Ave

Skip to last item
Skip to first item

Homes for sale near 820 N Raymond Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item