ActiveResidential · sale

125 N Raymond Avenue 504

Pasadena, CA 91103

$899,000

  • 2 beds
  • 3 baths
  • 1,300 sq ft
  • 0.7 acres
  • Built 2009

Listed by Compass · MLS #26107596

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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125 N Raymond Avenue 504, Pasadena, CA 91103 · MLS #26107596

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

As you enter the home, you're met with an inviting, light-filled interior featuring engineered hardwood floors, high ceilings, oversized windows, and an open-concept layout that seamlessly connects the kitchen, dining area, and living room.

Details worth a look

Just off the living room, a private balcony extends the living space outdoors, offering the perfect setting to enjoy a morning coffee or unwind at the end of the day.

Year built

Built in 2009.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome home! Experience sophisticated living at 125 N. Raymond Avenue #504, a top-floor luxury condominium featuring 2 primary bedrooms, 2 bathrooms, convenient in-unit laundry, and 2 parking spaces, situated in the heart of historic Old Pasadena and iconic Colorado Blvd, part of the legendary Route 66. The official 2027 Rose Parade route confirms that the world-famous procession passes through the intersection of Colorado Boulevard and Raymond Avenue, a short distance south of the property (per the Tournament of Roses). Located in the heart of Pasadena, the distinguished Raymond Renaissance building stands at the prime corner of Raymond Avenue and Holly Street, directly across from Memorial Park. A controlled-access lobby welcomes you into the building, where an elevator provides convenient access to the top-floor residence and the underground parking. Residents also enjoy access to a fitness center and spa, adding comfort and convenience to this exceptional urban lifestyle. As you enter the home, you're met with an inviting, light-filled interior featuring engineered hardwood floors, high ceilings, oversized windows, and an open-concept layout that seamlessly connects the kitchen, dining area, and living room. The kitchen features stainless steel appliances, including a refrigerator, range/oven, built-in microwave, and dishwasher. Thoughtfully designed for comfort and privacy, the split floor plan offers two spacious primary suites, while an additional powder room provides convenience for guests. Just off the living room, a private balcony extends the living space outdoors, offering the perfect setting to enjoy a morning coffee or unwind at the end of the day. Interior fire sprinklers add an additional safety feature to this thoughtfully designed residence. An optional assigned storage closet is available for an additional fee. This sought-after location offers an exceptional collection of restaurants, boutiques, cafes, entertainment, and cultural destinations within a short distance! Enjoy the energy of Colorado Boulevard and historic Route 66, explore Pasadena's celebrated architecture, or experience the charm of nearby Pasadena City Hall. The Pasadena Courthouse and convenient access to the 134 and 210 freeways further enhance this central location. Whether enjoying a quiet morning on your private balcony, entertaining in your light-filled living space, or stepping out to discover the vibrant streets of Old Pasadena, this distinctive residence offers a rare opportunity to embrace sophisticated, low-maintenance living in one of Pasadena's most iconic neighborhoods. Contact us for a tour today! EASY to Show!
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THE NEIGHBORHOOD

Explore the location.

125 N Raymond Avenue 504, Pasadena, CA 91103

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2009
Full baths
2
Half baths
1
Heating
Central
Appliances
Dishwasher,GasRange,Microwave,Refrigerator,Dryer,Washer
Flooring
Tile
Pool
No
Pool features
None
Spa
Yes
Zoning
PSC-
Parcel
5723021071
HOA amenities
SpaHotTub
HOA fee frequency
Monthly
HOA fee
$685.12

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,745.83
Cap rate—

Annual operating income: —

HOA: Includes $685.12 per month in HOA dues, converted from the $685.12 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #26107596 · California Regional MLS

Listing brokerage: Compass
Listing agent: Robert Maynard

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

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 © 2023 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. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.