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2220 Raymond Avenue

Los Angeles (City), CA 90007
  • $1,600,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: IV23168481
UPDATED: 101 min ago
$1,600,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Scott Schaller of Clc Home Realty Inc (909-208-9301)


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. Owner has stated that this property is approved for an additional ADU unit adding even mor 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, UCLA, easy access to 10 freeway, these units are never in short demand to be rented. Make offer asap before these units are gone!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143231944
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2220 Raymond Avenue Los Angeles (City), CA 90007

  • Price: $1,600,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 101 min ago
  • ID#: IV23168481
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
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. Owner has stated that this property is approved for an additional ADU unit adding even mor 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, UCLA, easy access to 10 freeway, these units are never in short demand to be rented. Make offer asap before these units are gone!!
Exterior Features

Entry Level 2 Entry Location 2 Lot Features LawnStreet Level Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved

Interior Features

Accessibility Features Parking Appliances Gas Oven Common Walls 1 Common Wall Cooling NoneAttic Fan Cooling YN No Fireplace Features Living Room Fireplace YN Yes Interior Features BalconyCeiling Fan(S)Multiple Staircases

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSuburbanSidewalks Electric Expense 4020 Fuel Expense 0 Garage YN No Gross Income 60600 Gross Scheduled Income 60600 Insurance Expense 3800 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 48600 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 12000 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 6060 Trash Expense 1685 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Scott Schaller of Clc Home Realty Inc (909-208-9301)