SOLD
$940,000
Date 03/07/2024

11233 Raymond Avenue
Los Angeles, CA 90044

Other
Residence
5
Beds
4
Baths
2,000
Sqft
0.1464
Lot Size
Listing Agent: Sherry Mora CalDRE: 01498103 - Forward Real Estate
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.
24345353
Other, 2 Story
5
Los Angeles
4
1923
0.1464 Acres
2
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Listing Agent: Sherry Mora CalDRE: 01498103 - Forward Real Estate
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