$980,000
3110 Raymond Ave, Los Angeles CA 90007
Multi-Family (Fourplex)
Property type
2 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 4, 2026 at 02:30pm
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
Nearby Schools
Nearby schools around the 3110 Raymond Ave, Los Angeles, CA 90007. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$784,000
Total Interest
$999,949
Total Payment
$1,783,949
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,126
per month
Property History for 3110 Raymond Ave
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90007.
Similar Homes
Listings with similar prices to 3110 Raymond Ave