$980,000
3110 Raymond Ave, Los Angeles CA 90007
Multi-Family (Fourplex)
Property type
13 days
On market
$235
Price per sqft
2 cars
Garage
1922
Year built
6,680 sqft
Lot size
Home highlights
Open Houses
Overview
Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room....
Listing provided by: Cedrick Jihanian DRE #01968758 310-926-8218, eXp Realty of Southern CA, Inc
Listing updated: Jun 4, 2026 at 01:52pm.
Last checked: Jun 12, 2026 at 10:01pm
Source: CRMLS #AR26117965
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,322 | $1,322 | $2,400 | Negotiable |
| 1 | 1 | 1 | — | $1,322 | $1,322 | $2,400 | Negotiable |
| 1 | 2 | 1 | — | $1,215 | $1,215 | $2,400 | Negotiable |
| 1 | 1 | 1 | — | $960 | $960 | $2,400 | Negotiable |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $57,828
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.9x
List Price / Annual Gross Rent
Cap Rate
3.99%
NOI / List Price
Gross Scheduled Income: $57,828
Operating Expense: $18,702
Net Operating Income: $39,126
Annual Operating Expenses
Electric: $0
Gardener: $1,400
Fuel: $0
Insurance: $5,670
New Taxes: $6,223
Trash: $0
Water / Sewer: $4,982
Interior
Interior Features: Ceiling Fans, Tile Counters
Fireplace: None
Laundry: Inside
Accessibility: Parking
Entry Location: 4
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Flat
Common Walls: One Common Wall
Security Features: Smoke Detectors
Lot Features: Front Yard
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Available
View: City Lights
Road Frontage Type: City Street
Garage and Parking
Parking: Covered, Door Multi, Garage, Shared Driveway
Garage Spaces: 2
Uncovered Spaces: 1
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5040022007
Additional Parcels: No
Tax Lot: 8
Tax Block: E
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks