2220 Raymond Avenue , Los Angeles, CA - 90007 is For Sale

  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
  • IV23168481
$1,600,000· Income property

Description

Located on a quiet street, these four spacious and bright 2 bedroom/ 1 bath units, spanning over two stories, are the perfect investment for your most pickiest buyers! Individual metered units and hot water tanks in each unit. With a spacious lot, an additional ADU unit could be approved, adding even more rental income and value to this incredible property. Also has enough space for garages or car port if the new buyer desires. Best of all, these units are well below market rents. Did we mention all top units have their own balcony? Very, very desirable for renters. Close to Downtown, USC, easy access to 10 freeway, these units are never in short demand to be rented. Make offer asap before these units are gone!!

Features

MLS#: IV23168481
List Price : $1,600,000
Total Units : 4
Net Operating Income : $48,600
Sq M : 627 M2
Year Built : 1923
Days on market : 232 Days
Gross taxes : N/A
Address : 2220 Raymond Avenue
City : Los Angeles
State : CA
Zip Code : 90007
Neighborhood : N/A
Appliances : Gas Oven
Fireplace Features : Living Room
Stories : 2
Laundry : Gas & Electric Dryer Hookup
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $1,600,000
Acres : 0.155
Lot Size (Acres) : 0.155
Water : Public
Sewer : Public Sewer
Pool Desc : None
Utilities : Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Interior Features : 2 Staircases, Attic Fan, Balcony, Ceiling Fan(s)
Cooling : None
Driving Directions : 10 west to Normandie Ave (L) to 23rd (L) to Raymond Ave (L)
Lot Features : Lawn, Level with Street
 
Courtesy of : SCOTT SCHALLER , CLC HOME REALTY INC

Location

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