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3110 Raymond Ave, Los Angeles, CA 90007

List Price: $1,095,000On Market FlagOn market
Feb 13, 20254,168 sqft8 beds4 baths
Listed by: Vivian Chaing
License #: 01983759
Phone #: 310-463-5181
Property Concierge
Source:
CRMLS Logo
MLS #: 25498303

Property Description

Located just west of University Park and USC, this superb investment opportunity is ready for its new owner. This well maintained asset consists of 4 large one bedroom units (two bedroom units per assessor), each with approximately 1,000 square feet. Consisting of a formal living room, dining room and individual laundry room. One unit has an additional tandem room which could be used as a bedroom. Off-street parking for 4 cars in the detached garage and carport. Tenants pay their own gas and electric and are separately metered. Owner pays for water. The interior condition is mostly original in clean operable condition. This is an R3 zoned lot for possible development potential. Add-value opportunity and upside potential in rents.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,559

TurboHome Estimated Value

$1,032,800

$248 sqft

High Valuation
$1,084,440
$260/sqft
Normal Valuation
$1,032,800
$248/sqft
Low Valuation
$981,160
$235/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$248/sqft$1,032,800

Neighborhood: South Los Angeles

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Comparative Value

$770K

$900K

$1.02M

$1.09M

$1.28M

6275 Menlo Ave, Los Angeles, CA 90044

Sale Price: $770,000

Selected Comparable

3919 Halldale Ave, Los Angeles, CA 90062

Sale Price: $900,000

Selected Comparable

1124 W 42nd St, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

3110 Raymond Ave, Los Angeles, CA 90007

List Price: $1,095,000

Subject Property

8018 S New Hampshire Ave, Los Angeles, CA 90044

Sale Price: $1,100,000

Selected Comparable

3622 Arlington Ave, Los Angeles, CA 90018

Sale Price: $1,280,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3110 Raymond Ave, Los Angeles, CA 90007

3110 Raymond Ave, Los Angeles, CA 90007

List: $1,095,000

Listed: 2/13/2025

Area:4,168 sqft
Price/sqft:$263
Beds:8
Baths:4
Year Built:—
Lot Size:6,680

Comparable Properties

COMPARABLE
Choose comps
3622 Arlington Ave, Los Angeles, CA 90018

3622 Arlington Ave, Los Angeles, CA 90018

Sale: $1,280,000

4/30/2025 • 1.16 mi

Area:3,986 sqft
Price/sqft:$321
Beds:8
Baths:4
Year Built:—
Weight:21.8%
8018 S New Hampshire Ave, Los Angeles, CA 90044

8018 S New Hampshire Ave, Los Angeles, CA 90044

Sale: $1,100,000

6/24/2025 • 4.17 mi

Area:3,906 sqft
Price/sqft:$282
Beds:8
Baths:4
Year Built:—
Weight:21.0%
3919 Halldale Ave, Los Angeles, CA 90062

3919 Halldale Ave, Los Angeles, CA 90062

Sale: $900,000

4/4/2025 • 0.84 mi

Area:3,250 sqft
Price/sqft:$277
Beds:8
Baths:4
Year Built:—
Weight:19.3%
1124 W 42nd St, Los Angeles, CA 90037

1124 W 42nd St, Los Angeles, CA 90037

Sale: $1,025,000

4/4/2025 • 1.33 mi

Area:3,406 sqft
Price/sqft:$301
Beds:8
Baths:4
Year Built:—
Weight:19.1%
6275 Menlo Ave, Los Angeles, CA 90044

6275 Menlo Ave, Los Angeles, CA 90044

Sale: $770,000

1/28/2025 • 3.07 mi

Area:3,766 sqft
Price/sqft:$204
Beds:8
Baths:4
Year Built:—
Weight:18.9%

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