3110 Raymond Ave, Los Angeles, CA 90007
- $980,000
- List Price
- $980,000
- Status
- ACTIVE
- MLS#
- AR26117965
- Year Built
- 1922
- Lot Size
- 6,680
- Acres
- 0.15
- Lot Location
- Front Yard
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space. The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.
Additional Information
- Pool Description
- None
- View
- City Lights
- Roof
- Flat
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Tile Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $57,828
- Operating Expense
- 18701
Listing courtesy of Listing Agent: Cedrick Jihanian (Cedrick@CedrickTheRealtor.com) from Listing Office: eXp Realty of Southern CA, Inc.
Mortgage Calculator
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