3110 Raymond Ave, Los Angeles, CA 90007

$980,000

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List Agent Cedrick Jihanian () 310-926-8218 eXp Realty of Southern CA, Inc; CoList ()

List Price
$980,000
Status
ACTIVE
MLS#
AR26117965
Year Built
1922
Lot Size
6,680
Lot Location
Front Yard
Days on Market
59
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

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.