2315 Raymond Avenue, Los Angeles, Los Angeles County, CA 90007

For Sale

Listed by Lynda Peterson with 3 Leaf Realty Inc
$1,050,000 USD
  • 0.158 ac Lot Size
  • Multi-family
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Property Summary for 2315 Raymond Avenue Español?

Property Type
Multi-family
Lot Size
0.158 Ac
MLS Number
SB20044722
Year Built
1905
Date Added
25 March 2020
Parking info
7
Neighborhood
Adams - Normandie
Zip
90007
School District
Los Angeles Unified School District

Description for 2315 Raymond Avenue

Back on the Market and subject to cancellation of existing contract. The property consists of three units. Potential upside in rents to $114,000 (Currently at $64,080). The front home is a 2,133 Sq Ft, two-story, classic tudor architectural home with period crown moldings, baseboards and wainscoting throughout. It has 4 bedrooms, 2 bathrooms and a large family room previously used as a fifth bedroom. Property has been upgraded inside and out. Improvements include remodeling of kitchen and baths with new tile, flooring and counter tops, painting throughout, upgraded plumbing and and electrical. The second structure is a duplex with 2 bedrooms and two baths each, with hardwood floors. This property could be perfect for student housing in this up and coming neighborhood. Great location minutes from USC, LA Live, Convention Center, the Staples Center and downtown LA. A new owner may be able to potentially relocate existing tenants, and renovate for substantial increase in rents. Sold as is in its current physical state with tenants in place. No termite and no repairs.
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Features for 2315 Raymond Avenue

Exterior Finish
  • Stucco
Interior Features
  • Flooring: Carpet, Tile, Wood
  • Fireplace
Roof
  • Composition Shingle
Heating
  • Fireplace
Listing provided by California Regional MLS on 03/26/2020
Copyright © 2020 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Lynda Peterson

3 Leaf Realty Inc

Demographics in 90007top

Population

Total population 41,716
Male population 21,129
Female population 20,587
Median age 24.70

Households

Total households 11,884
Average people per household 2.98

Housing

Total housing units 12,914
Owner occupied 1,344
Renter occupied 10,540
Median year built 1955

Income

Median household income 25,226
Average household income 46,236

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Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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