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637 N Raymond Street
Pasadena, CA 91103
Asking Price
$1.80M
Cap Rate
5%
Asset Type
Multifamily
Class
Class B
What's Special
$9,650 Gross, Remodeled, Great Area <p><span style="color: rgba(0, 0, 0, 1)"> 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%.</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)"> 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: </span></p><p></p><p><span style
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.97%
Monthly Payment
$8,905.413
Annual Cash Flow
$-26,864.955
