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    3117 Raymond Ave

    Los Angeles, CA 90007
    • $3,945,000
    • STATUS: Pending
    • ON SITE: 86 days
    • ID#: 20-599996
    Pending
    UPDATED: 36 min ago
    $3,945,000
    • 15
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,037
      SQFT
    • $561
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this five (5) unit, thirty (30) bed, student housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 2019, with approximately 7,037 rentable square feet on a 6,617 square foot lot. The investment is comprised of a unit mix consisting of four (4) 3-bedroom + 3.5 bathroom units, & one (1) 3-bedroom + 3-bathroom unit.Unit amenities include in-unit washers and dryers, stainless steel kitchen appliances, air conditioning, tiled showers with glass enclosures, and nine (9) on-site parking spaces.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T18:42:50.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107536160
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    3117 Raymond Ave Los Angeles, CA 90007

    • Price: $3,945,000
    • Status: Pending
    • Updated: 36 min ago
    • ID#: 20-599996
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    7,037
    SQFT
    $561
    $/SQFT
    2019
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to offer for sale this five (5) unit, thirty (30) bed, student housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 2019, with approximately 7,037 rentable square feet on a 6,617 square foot lot. The investment is comprised of a unit mix consisting of four (4) 3-bedroom + 3.5 bathroom units, & one (1) 3-bedroom + 3-bathroom unit.Unit amenities include in-unit washers and dryers, stainless steel kitchen appliances, air conditioning, tiled showers with glass enclosures, and nine (9) on-site parking spaces.
    Exterior Features

    Lot Size Area 6617 Other Structures None Parking Garage Driveway Total Parking 9

    Interior Features

    Baths Total 17.00 Cooling Air Conditioning Equipment Alarm SystemDishwasherDryerGarbage DisposalWater FilterRefrigeratorRange/OvenIce MakerMicrowaveWasherTrash Compactor Heating Central

    Property Features

    ADACompliance Yes Assessed Total Value 642600 Gross Income 294000 Gross Operating Income 288240 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 221437.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 66803 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T18:42:50.397. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355