3109 Raymond Ave, Los Angeles, CA 90007

We are pleased to offer for sale this four (4) unit investment opportunity located at 3109 Raymond Avenue, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1914 with a square footage of 4,606 on a 6,617-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1+1 units. The subject property is 75% occupied, and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, recently painted, and individually metered for gas and electricity.