2220 Raymond Avenue Los Angeles, CA ^$ 1,600,000

2220 Raymond Avenue

^$ 1,600,000

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2220 Raymond Avenue

Los Angeles, CA, 90007

^$ 1,600,000

Bedrooms2 Baths1.0 Sq 4,864

Monthly Estimate*

^$ 11,176

Listed by CLC HOME REALTY INC

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 1

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 2

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 3

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 4

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 5

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 6

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 7

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 8

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 9

2220 Raymond Avenue, Los Angeles, CA 90007 - Image 10

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000 with 2 bedrooms and 1 full bath. This 4,864 square foot home was built in 1923 on a lot size of 0.155.

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!!

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.155

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

IV23168481

Days on Market

243

Features

General

Interior Features Balcony CeilingFans MultipleStaircases

Sewer PublicSewer

Cooling None AtticFan

Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected

Appliances GasOven

Zoning LAR2

Garage Spaces 0.0

Pool Features None

Year Built 1923

Tenant Pays AllUtilities

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 60600.0

Community Features StreetLights Suburban Sidewalks

Accessibility Parking

County Los Angeles

Net Operating Income 48600.0

Operating Expense 12000.0

Insurance Expense 3800.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 10 west to Normandie Ave (L) to 23rd (L) to Raymond Ave (L)

City Los Angeles

Entry Location 2

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 6750.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Raymond

Listing Terms Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 4020.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 1685.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 240

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 39

Total Actual Rent 6060.0

Property Sub Type Additional Quadruplex

Exterior

Lot Features Lawn StreetLevel

Water Source Public

Total Parking 0.0

Lot Size Area 6750.0

Number of Buildings 1

Spa N

Building Area Total 4864.0

Lot Size Acres 0.155

Road Surface Type Paved

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features LivingRoom

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N Y

Street Suffix Avenue

Laundry Features ElectricDryerHookup GasDryerHookup

Entry Level 2

Electric On Property Y/N N

Internal Only

Street Number 1 2220

* Excluded Features

List By

Clc Home Realty Inc

Broker

(866) 363-5363

Phone

Affordability Calculator

$11,176

Per Month

Monthly Principal & Interest: $11,176
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,990,464

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/8/2023	$1,600,000		Listed Price

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2220 Raymond Avenue, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,600,000 with 4,864 sqft and a lot size of 0.155. 2220 Raymond Avenue has 2 bedrooms, 1.0 baths, and was built in 1923. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2220 Raymond Avenue

Multi-Family Home for sale in Los Angeles, CA

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