3110 Raymond Ave

Los Angeles, CA 90007
$980,000
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, diningRead MoreRead Less
Property listed by eXp Realty of Southern CA, Inc, Cedrick Jihanian 310-259-7556
Listing Snapshot
Days Online
10
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1922
MLS Number
AR26117965
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet
Building
Built in 1922, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: 4
Community
Sidewalks
Disclosures
Easements
Accessibility Features
Parking
Expenses
Gardener: $1,400, Insurance: $5,670, Operating: $18,701.5, Water/Sewer: $4,982
Fireplaces
None
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $87,828, Gross ScheduledIncome: $57,828, Net Operating Income: $39,126.5
Interior Features
CeilingFans, TileCounters
Laundry
Inside
Lot
0.1534 acres, FrontYard
Parking
1 open parking spaces, 3 total parking spaces, Covered, DoorMulti, Garage, SharedDriveway
Pool
None
Property
CityLights
Roof
Flat
Security Features
SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5040022007, Tax Block: E, Lot: 8
Tenant Pays
Electricity, Gas
Utilities
NaturalGasAvailable, Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.