Home | Los Angeles County | South Pasadena | 91030 | 1818 Ramona
MLS: CRAR26089323 | Status: | Price: $6,900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 16,441 | 1968 |
First Time Ever on Market – Original Builder Owned - Generational 16-Unit Value-Add Opportunity in a Premium South Pasadena Neighborhood, NO Local Rent Control, 12 units have been Updated. The San Rafael (1818 Ramona Ave), a premium 16-unit apartment community in one of South Pasadena’s most prestigious neighborhoods. Offered for the first time by the original builder, this generational asset sits on a large 16,436 SF R3-zoned lot and boasts approximately 20,000 SF of building space, translating to unusually large, house-like floor plans. It has Exceptional demographics with over $170,017 AHH income within a mile-radius, and within the highly desirable South Pasadena Unified School District. Built in 1968, the building features distinctive architecture and has been exceptionally well-maintained. South Pasadena is a notoriously high-barrier-to-entry market with no local rent control and a severe lack of multifamily inventory. The San Rafael capitalizes on this scarcity, offering an unparalleled unit mix dominated by spacious 2-bedroom apartments. The property is a 3-story building with secured entrance and gated parking. It has fabulous landscaping with superior curb appeal and welcoming entry foyer area complete with seating. With a large building size of ±20,000 SF t
| Field | Value |
|---|---|
| MLS # | CRAR26089323 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Appliances | Hood Over Range, Oven Range - Electric |
| Flooring | Laminate |
| Laundry | Community Facility |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Flat |
| Foundation | Raised |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
| HOA Fee | $0 |
Handoko Chen
Growth Investment Group Pasade
License #: 01749321
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 16 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of April 25, 2026. For the most current information, please contact Handoko Chen.