Historic Fannie Bonham Row House
Type: Multifamily
221 N Raymond Ave., Pasadena, CA 91103
Total Number of Units: 9
Year Built: 1898
Sale Price: $5,120,000
Price per Unit: $568,889
Price per Square Foot: $597.57
CAP Rate: 4.67%
GRM: 16.64
Downpayment: $2,560,000
Net Operating Income: $239,150
Rentable Square Feet: 8,568
Lot Size: 0.170
Unit Type
1B1B Single Story
2B2.5B Townhouse + Bonus Room
No. of Units
6
3
Le Investment Group is proud to present The Historic Fannie Bonham Row House at 221 N Raymond Ave, Pasadena, CA—a unique and impeccably restored property in the heart of Old Pasadena’s Historic District. Built in 1898, this 9-unit iconic row house is the last of its kind in Pasadena, blending rich 19th-century architectural character with modern enhancements for today’s lifestyle.The property comprises a well-balanced unit mix: six (6) single-story, 1-bedroom, 1-bath units, alongside three (3) spacious, townhouse-style units offering 2 bedrooms, 2.5 baths, and a bonus room in each master bedroom. This flexible space is ideal for use as a nursery, home office, or extra bedroom, attracting a variety of tenant needs.
