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Property view

1823 -1829 Ramona Avenue, 
South Pasadena, CA 91030

$2,617,500


Bed


Bath


5,612

Sq Ft


Multi-Family

Sold

Listed by

Kevin Lutz

Bought with Christina Fu, Broker

Keller Williams Realty/Pasadena

626-204-3300

MLS#

WS25015291

Source:

CRMLS

Sorry, we are unable to map this address

About This Home

1823 -1829 Ramona Avenue

Ramona Gardens is a true pride of ownership, 4-unit, 2-story multifamily building located at 1823-1829 Ramona Avenue in South Pasadena, CA. Built in 1922, the property is 5,612 SF on a 12,026 SF lot. The unit mix consists of three 2-bedroom, 1-bathroom units and one 2-bedroom, 1.5-bathroom unit. Each unit is oversized, featuring original hardwood floors or vinyl plank flooring, fireplaces, large dining rooms, and in-unit laundry rooms with washer/dryer hookups. The kitchens have had various upgrades with granite counters, dishwashers, gas stoves, ovens, and tile floors, while the bathrooms have been similarly upgraded. All units are equipped with central A/C and heat, and have been fitted with updated fixtures, hardware, and lighting. Units 1825 & 1827 have older upgrades since tenants have been there longer. The property is individually metered utilities for gas, electricity, and hot water, with the owner covering water, sewer, and trash expenses. There are 4 single-car garages, a storage room, and a concrete driveway and parking area. The electrical sub-panels have been upgraded, and the roof is a slightly pitched rolled composition roof. The property is subject to statewide rent control under AB 1482, and South Pasadena has a "Just Cause for Eviction Ordinance" that became permanent in December 2023. This building offers modern upgrades while preserving its original charm, making it a promising investment opportunity.

Home Facts

Multi-Family

Built in 1922

Price Summary

2,625,000

$467 per Sq. Ft.

MLS #:

WS25015291

Sold:

March 14, 2025


Rooms & Interior

Interior

Living Area:

5,612 Sq. Ft.


Structure

Structure

Building Area:

5,612 Sq. Ft.

Year Built:

1922


Lot

Lot Size (Sq. Ft):

12,026


Finances & Disclosures

Finances

Price:

$2,625,000

Price per Sq. Ft:

$467 per Sq. Ft.

Source:CRMLS
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