11145 Raymond, Los Angeles, CA 90044

• 3,563 sqft

Property Description

Opportunity to acquire a five-unit residential income property in Los Angeles with four occupied apartments and a vacant detached front house offering immediate value-add potential. The property consists of three 2-bedroom, 1-bathroom apartments, one 1-bedroom, 1-bathroom apartment, and a detached 2-bedroom, 1-bathroom front house. The four occupied units currently generate $5,114 per month in scheduled rent, providing an existing income base while a new owner completes the renovation of the front house. Currently vacant with the interior gutted, the front house offers the opportunity to create a newly updated rental and establish a new tenancy upon completion. Beyond the immediate front-house opportunity, the existing apartments offer additional long-term rental upside, with current rents below estimated market levels. At a $750,000 asking price, the property is offered at $150,000 per unit, creating an attractive basis for an investor seeking a combination of existing income and value-add potential. Seller has already completed the prior eviction and remediation of the front house, allowing a buyer to focus on renovation and lease-up rather than the possession process. Conveniently located with access to major employment centers, transportation corridors and destinations throughout South Los Angeles. Financials, rent roll and detailed investment analysis available upon request.

Listing Status:

Active

Date Added:

September 21, 2026

Data Last Updated:

October 10, 2026 at 7:18AM

Listing Office:

Compass : 310-241-3038

Listing Agent:

Jesse Dougherty : 310-995-4475

Contact:

310-995-4475

MLS ID:

SB26205097

Interior

• Laundry: None

Exterior

• Pool: None
• Parking: Parking spaces: 5

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 6076018009

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM