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11233 Raymond Ave, Los Angeles, CA 90044
$940,000
11233 Raymond Ave, Los Angeles, CA 90044View this property at 11233 Raymond Ave, Los Angeles, CA 90044
11233 Raymond AveLos AngelesCA90044
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Property Description
Introducing a unique investment opportunity for 4 units to be ***DELIVERED VACANT*** This quadruplex spans approximately 2,000 sq. ft. of living space, offering versatility and potential for both families and astute investors.*** The property features two detached units, each 1bed/1bath. This layout is ideal for those seeking separate living spaces or rental income opportunities. ***Adjacently positioned is a rear duplex, thoughtfully designed and is being used as a 2 bed/1 bath and a 3 bed/1 bath.*** Please note, 1 of the bedrooms in each level of the the duplex may not be permitted, offering a chance for customization or reconfiguration based on future plans. ****Situated on an a large 6,500 sq ft lot, this property further unlocks the potential for two additional ADUs, presenting a promising avenue for extended income streams or personal use. **The offering extends beyond mere space; the property will be delivered vacant, presenting a clean slate for immediate occupancy or remodeling visions. **Whether you're an investor eyeing a low Gross Rent Multiplier (GRM) or seeking robust cash flow, this property is perfect for much opportunity. ****While we provide a glimpse into the property's potential, it's essential to note that the seller's agent/broker does not guarantee any specifics regarding square footage, lot size, or permit status. ****Income and rental numbers are projected based on market rents.****Prospective buyers and their agent/brokers are encouraged to conduct thorough due diligence, verifying all dimensions, zoning regulations, and permit details to ensure alignment with intended uses and compliance requirements. ***Priced aggressively and will not last. *** PROPERTY SOLD AS-IS, NO REPAIRS*** ****PLEASE DO NOT WALK PROPERTY OR DISTURB OCCUPANTS.
Full Property Details
Full Property Details for 11233 Raymond Ave
General
- Sold For: $940,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-345353
- Added to Site: 116 day(s) ago
Interior
- Cooking Appliances: None
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Area
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Window Bars, Gated
- Other Features: None
Exterior
- Deck/Patio: Deck(s)
Parking
- Garage Description: Converted Garage, Driveway
Location
- Area: Metropolitan Southwest
- County: Los Angeles
- Cross Streets: Imperial Hwy and 112th St
- Driving Directions: Take 105 East to Vermont Ave (exit 7a) - Turn Left. Make Left on 115th St to Imperial Hwy, Right on Raymond. Property will be on your right-hand side.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 3
- Stories/Levels: 2
- Square Feet: 2,000
- Sq. Ft. Source: Owner
- Year Built: 1923
- Year Built Source: Vendor Enhanced
- Property Condition: Additions/Alter, Fixer, Repair Cosmetic
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1464
- Lot Size: 6376
- Lot Size Source: Vendor Enhanced
- Alley: Yes
- Lot Features: Alley Access
- Zoning: LCR320U*
- Lot Description: Front Yard, Back Yard, Fenced
Financial Considerations
- Price Per Sq. Ft.: $412.5
- Assessment Year: 1923
- Owner Pays: Electricity, Gardener
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6076-029-009
Listed by Forward Real Estate, Sherry Mora
Sold by Mazdak Sarehkhani, Mazdak Sarehkhani
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Schools
Schools serving 11233 Raymond Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1151 W 109th St, Los Angeles, CA 90044 | K-5 | 0.4 mi | |
10860 S Denker Ave, Los Angeles, CA 90047 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11233 Raymond Ave
Date
Details
Price
Change
Source
3/07/2024
Sold
$940,000
13.94%
MLS
1/24/2024
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11233 Raymond Ave, Los Angeles, CA 90044 (MLS# 24-345353) is a Multi-Family property that was sold at $940,000 on March 07, 2024. Want to learn more about 11233 Raymond Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.