Los Angeles, CA 90007 3110 Raymond Ave
$1,195,000
12 more
Presented By: Victor Migenes with Property Concierge
Beds • 4
Baths • 4
SQFT • 4,168
Garage • 2
Home Details
Located in the Jefferson Park/Adams-Normandie area, 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 units, each nearing 1,000 square feet. All units have formal living rooms, dining rooms and individual laundry rooms. One unit has an additional tandem bedroom. Off-street parking for 4 cars in the detached garage and carports. Tenants pay their own gas and electric, which 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.
Presented By: Victor Migenes with Property Concierge
Interior Features for 3110 Raymond Ave
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Fireplace FeaturesDining Room, Living Room
Fireplace Y/NYes
Heating Y/NYes
Total Stories2
General for 3110 Raymond Ave
Architectural StyleTraditional
Attached Garage No
Cap Rate3.59
Carport Spaces2
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market
DirectionsWest of Vermont Ave, North of Jefferson Blvd.
Facing DirectionWest
Garage Spaces2
Garage Y/NYes
Gross Income54300
HOA / Comm AssnNo
HeatingWall Furnace
LevelsTwo
Lot Size Square Feet6680
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income42918.56
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces1
PossessionClose Of Escrow
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
ViewNone
View Y/NNo
Year Built1922
ZoningLAR3
Exterior for 3110 Raymond Ave
Building Area Total4168
Lot Size Acres0.1534
Lot Size Area6680
Number of Buildings2
Parking FeaturesCarport
SpaNo
Total Parking5
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480