MLS® ID: SB19182019
2315 Raymond Avenue
Los Angeles, California, 90007 $1,000,000
The property consists of three units. The front home is a 2,133 Sq Ft, two-story, classic tudor architectural home with period crown moldings, baseboards and wainscoting throughout. It has 4 bedrooms, 2 bathrooms and a large family room previously used as a fifth bedroom. Property has been upgraded inside and out. Improvements include remodeling of kitchen and baths with new tile, flooring and counter tops, painting throughout, upgraded plumbing and and electrical. The second structure is a duplex with 2 bedrooms and two baths each. This property could be perfect for student housing in this up and coming neighborhood. Great location minutes from USC, LA Live, Convention Center, the Staples Center and downtown LA. A new owner may be able to potentially relocate existing tenants, and renovate for substantial increase in rents. Sold as is in its current physical state with tenants in place. No termite and no repairs. Potential upside in rents to $114,000 (Currently at $64,080).