11145 Raymond, Los Angeles, CA, 90044

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$750,000
18 Days On Site

11145 Raymond
Los Angeles, CA 90044

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,563
SqFt
$210
/SqFt
1962
Built
County:
Los Angeles
Listed by Jesse Dougherty of Compass jesse@realtorjd.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
11145 Raymond11145 Raymond11145 Raymond11145 Raymond
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Opportunity to acquire a five-unit residential income property in Los Angeles with four occupied apartments and a vacant detached front house offering immediate value-add potential. The property consists of three 2-bedroom, 1-bathroom apartments, one 1-bedroom, 1-bathroom apartment, and a detached 2-bedroom, 1-bathroom front house. The four occupied units currently generate $5,114 per month in scheduled rent, providing an existing income base while a new owner completes the renovation of the front house. Currently vacant with the interior gutted, the front house offers the opportunity to create a newly updated rental and establish a new tenancy upon completion. Beyond the immediate front-house opportunity, the existing apartments offer additional long-term rental upside, with current rents below estimated market levels. At a $750,000 asking price, the property is offered at $150,000 per unit, creating an attractive basis for an investor seeking a combination of existing income and value-add potential. Seller has already completed the prior eviction and remediation of the front house, allowing a buyer to focus on renovation and lease-up rather than the possession process. Conveniently located with access to major employment centers, transportation corridors and destinations throughout South Los Angeles. Financials, rent roll and detailed investment analysis available upon request.

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Listing Snapshot
Price 
$750,000
Days On Site 
18 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,563 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1405 Acres
Year Built 
1962
MLS® Number 
SB26205097
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1405
Carport 
3
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
5
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3563
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Paved
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
C36 - Metropolitan Southwest
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
front door


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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