Stay tuned for more...
USDAProperties.com is processing real estate display...

 

 

 

$1,600,000   Price Analysis
Agent Details  share icon     map icon  QR
2220 Raymond Ave
Los Angeles, CA 90007
8 bed 4 bath 4,864 SqFt ($328/SqFt)
6,750SqFt lot. Built 1923
Listed 2023-09-08, Taxes $1,493
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Located on a quiet street

These four vst 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, desirable for renters. Close to Downtown, USC, easy access to 10 freeway, thes e units are never in short demand to be rented. Make offer asap before these units are gone!!


Presented by SCOTT SCHALLER at
Clc Home Realty Inc.


Property MLS #IV23168481 from CRMLS

Bedrooms: 8

2 Staircases
Attic Fan
Balcony
Ceiling Fan(s)

Appliances: Gas Oven
Appliances YN: Yes
Laundry Features: Gas & Electric Dryer Hookup

Full Bathrooms: 4

Fireplace Features: Living Room

Lot Description: Lawn, Level with Street
Lot Size Acres: 0.1549587
Lot Size Source: Assessor
Lot Size Square Feet: 6750

Road Frontage Type: City Street
Road Surface Type: Paved

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Number of Units Leased: 4
Tenant Pays: All Utilities
Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3800.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 5054018021
Postal Code Plus 4: 1550
Trash Expense: 1685.00
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$31,687 + $33,945
$65,632
$1,493
2021$31,066 + $33,280
$64,346
$1,442
2020$30,748 + $32,939
$63,687
$1,444
2019$30,146 + $32,294
$62,440
$1,412
2018$29,555 + $31,661
$61,216
$1,284
2017$28,976 + $31,041
$60,017
$1,267
2016$28,408 + $30,433
$58,841
$1,178
2015$27,982 + $29,976
$57,958
$1,167
2014$27,434 + $29,389
$56,823
$1,201
2013$27,311 + $29,257
$56,568
$1,195
2012$26,776 + $28,684
$55,460
$1,209
2010$26,251 + $28,122
$54,373
$1,223
2009$26,117 + $27,979
$54,096
$1,269
2009$26,055 + $27,912
$53,967
$1,269
2008$25,605 + $27,431
$53,036
$1,112
2007$25,103 + $26,894
$51,997
$1,058

Listed 2023-09-08
$1,600,000
CRMLS
Sold 1968-02-27
$27,000
Public Record

Net Operating Income: 48600.00

Total Square Feet Living: 4864
Year Built: 1923
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: 2
Property Age: 101
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Electric Expense: 4020.00
Sewer: Sewer: Public Sewer
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Source: Public

Parking

Vermont Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

West Adams Preparatory High School is a public high school located approximately 0.5 miles away.
directions icon Map directions

Foshay Learning Center is a public elementary, middle and high school located approximately 1.3 miles away.
directions icon Map directions

Los Angeles Christian School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewunknownunknownroad_viewunknown
house_viewunknownunknownroad_viewroad_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.