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3110 Raymond Avenue

Los Angeles (City), CA 90007
  • $1,095,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 25498303
$1,095,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,168
    SQFT
  • $263
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Vivian Chaing of Property Concierge (310-463-5181) and Victor Migenes of Property Concierge(310-463-5181)


Description

Located just west of University Park and USC, this superb investment opportunity is ready for its new owner. This well maintained asset consists of 4 large one bedroom units (two bedroom units per assessor), each with approximately 1,000 square feet. Consisting of a formal living room, dining room and individual laundry room. One unit has an additional tandem room which could be used as a bedroom. Off-street parking for 4 cars in the detached garage and carport. Tenants pay their own gas and electric and are separately metered. Owner pays for water. The interior condition is mostly original in clean operable condition. This is an R3 zoned lot for possible development potential. Add-value opportunity and upside potential in rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160727568
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3110 Raymond Avenue Los Angeles (City), CA 90007

  • Price: $1,095,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 25498303
8
Beds
0
Baths
0
½ Baths
0.15
Acres
4,168
SQFT
$263
$/SQFT
1922
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Located just west of University Park and USC, this superb investment opportunity is ready for its new owner. This well maintained asset consists of 4 large one bedroom units (two bedroom units per assessor), each with approximately 1,000 square feet. Consisting of a formal living room, dining room and individual laundry room. One unit has an additional tandem room which could be used as a bedroom. Off-street parking for 4 cars in the detached garage and carport. Tenants pay their own gas and electric and are separately metered. Owner pays for water. The interior condition is mostly original in clean operable condition. This is an R3 zoned lot for possible development potential. Add-value opportunity and upside potential in rents.
Exterior Features

Architectural Style Traditional Direction Faces West Open Parking Spaces 1 Parking Features CoveredDoor-MultiGarage Parking Total 4 View None View YN No

Interior Features

Cooling None Cooling YN No Fireplace Features Dining RoomLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.09 Disclosures Rent Control Garage YN Yes Gross Income 56200 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 44819 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Vivian Chaing of Property Concierge (310-463-5181) and Victor Migenes of Property Concierge(310-463-5181)