Los Angeles, CA 90007 3110 Raymond Avenue
$1,095,000
18 more
Presented By: Vivian Chaing with Property Concierge;
- MLS# 25498303
- 02/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 4,168
Garage • 2
Home Details
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.
Presented By: Vivian Chaing with Property Concierge;
Interior Features for 3110 Raymond Avenue
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesDiningRoom, LivingRoom
Fireplace Y/NYes
Heating Y/NYes
Total Stories2
General for 3110 Raymond Avenue
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Cap Rate4.09
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Directionseast of Normandie, north of Jefferson
DisclosuresRentControl
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income56200.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6680.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income44819.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces1.0
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
ViewNone
Year Built1922
Year Built SourceOther
ZoningLAR3
Exterior for 3110 Raymond Avenue
Building Area Total4168.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x133
Lot Size Acres0.1534
Lot Size Area6680.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCovered, DoorMulti, Garage
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate