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$1,399,950   Price Analysis
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2080 Raymond Ave
Altadena, CA 91001
12 bed 6 bath 4,650 SqFt ($301/SqFt)
9,466SqFt lot. Built 1985
Listed 2024-05-10, Taxes $8,131
Ⓧ USDA Ineligible
due to price & location

near Altadena

Seize the opportunity to acquire a well-positioned 6-unit apartment building in a Altadena neighborhood on the rise!

* Sale Pending *

This two-st ory property boasts identical floor plans, each featuring a comfrtable 775 sq. ft. with 2 bedrooms, 1 bathroom, living room and kitchen. Additionally, each unit benefits from the convenience of 2 dedicated tandem carport spaces.

Capitalize on the increasing desirability of Altadena by modernizing the units to unlock their full rental potential and maximize your return on investment.


Presented by Espi Bagwell at
Keller Williams Realty.
Listing Agent Photo

Property MLS #AR24095128 from CRMLS

Bedrooms: 12

Full Bathrooms: 6

Lot Description: Lot 6500-9999
Lot Size Acres: 0.2173095
Lot Size Source: Assessor
Lot Size Square Feet: 9466

Parking Features: Parking YN: Yes, Parking Features: Carport, Detached Carport

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Number of Units Leased: 6
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5478.00
Area: 604 - Altadena
Source Neighborhood: 604 - Altadena
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 5837002010
Postal Code Plus 4: 5700
Professional Management Expense: 6500.00
Trash Expense: 3847.00
Zoning: LCR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$308,510 + $200,493
$509,003
$8,131
2021$302,461 + $196,562
$499,023
$7,493
2020$299,360 + $194,547
$493,907
$7,261
2019$293,491 + $190,733
$484,224
$7,257
2018$287,737 + $186,994
$474,731
$7,243
2017$282,096 + $183,328
$465,424
$7,125
2016$276,565 + $179,734
$456,299
$6,935
2015$272,411 + $177,035
$449,446
$6,869
2014$267,075 + $173,568
$440,643
$6,788
2013$265,868 + $172,784
$438,652
$6,750
2012$260,655 + $169,397
$430,052
$6,674
2010$255,545 + $166,076
$421,621
$6,324
2009$254,239 + $165,227
$419,466
$6,322
2009$253,636 + $164,835
$418,471
$6,322
2008$249,254 + $161,988
$411,242
$5,980
2007$244,367 + $158,812
$403,179
$5,772

Listed 2024-05-10
$1,399,950
CRMLS
Sold 1984-02-09
$65,000
Public Record

Net Operating Income: 73036.00

Total Square Feet Living: 4650
Year Built: 1985
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Ground and Second Level
Property Age: 39
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 4910.00
Water Source: Public

John Muir High School is a public high school located approximately 0.7 miles away.
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Altadena Elementary School is a public elementary school located approximately 0.8 miles away.
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Charles W. Eliot Middle School is a public middle school located approximately 1 miles away.
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Harriet Tubman is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.