Residential Income - 3110 Raymond Ave, Los Angeles, CA

$980,000

3110 Raymond Ave, Los Angeles, CA

3110 Raymond Ave, Los Angeles, CA 90007 - $980,000 · Multi-Family Home for Sale, photo 3

3110 Raymond Ave, Los Angeles, CA 90007 - $980,000 · Multi-Family Home for Sale, photo 4

3110 Raymond Ave, Los Angeles, CA 90007 - $980,000 · Multi-Family Home for Sale, photo 5

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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.

Property details

Year built

1922

Property type

Residential Income

Lot size

6,680 sqft

Location

3110 Raymond Ave • Los Angeles, CA 90007

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Listed by

Cedrick Jihanian · eXp Realty of Southern CA, Inc

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Closed sales reported in 90007, nearest first, last 12 months. All recent sales in Los Angeles →