11142 Raymond Ave, Los Angeles, CA 90044
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11142 Raymond Ave Los Angeles, CA 90044

$728,000 Sold Price as of 03/03/2023
  • 5 Beds
  • 3 Baths
  • 1,678 Sq.Ft.
Sold
$728,000 Sold Price as of 03/03/2023 Refinance Your Mortgage

Map preview of 11142 Raymond Ave, Los Angeles, CA 90044

Property Overview: 11142 Raymond Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,678 living square feet and 5,514 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This well maintained and updated Triplex consists of two separate buildings. Each unit with their own separate gas and electric meters and their own parking spaces. The front house has three bedrooms and one bath and has newer flooring, and kitchen & bathroom remodels. Spacious yard between the front and back buildings give its tenants nice outdoor space and access to the coin operated washer & dryer /laundry room which offers additional income to the owner. The back building consists of 2 one bedroom one bath units over the garage and even a peekaboo view of the Hollywood sign from the upstairs balcony. Each of the 3 units have their own wall heater along with a wall AC unit. Excellent location not far from the 110 & 105 freeways, South LA sheriff station, LA Southwest college, parks, golf course, and tons of restaurants, markets and shops.

Listed by Leslie Gomez | BRE #01827904 | Keller Williams Realty
Last checked: 6 minutes ago | Last updated: March 7th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,514
HOA Dues
$0/mo
Year built
1936
Garage
1 Car
Property Type:
Triplex
Status
Sold
MLS#
SB23001333
City
Los Angeles
County
Los Angeles
Time on Site
532 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,180
  • Total Rent: $2,180
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $930
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,120
  • Net Operating Income: $50,473
  • Gross Operating Income: --
  • Laundry Income: $4,800
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $6,647
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $531
  • Gardener: $1,440
  • Insurance: $2,106
  • Water/Sewer: $2,570

Property Details for 11142 Raymond Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community, In Garage
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 6076019026
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Just North of Imperial Hwy and east of Normandie Ave
Neighborhood Information
  • Community Features: Curbs, Golf, Park, Sidewalks, Street Lights
View more facts & features

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Sale History for 11142 Raymond Ave

Last sold for $728,000 on March 3rd, 2023
  • March, 2023

  • Mar 3, 2023

    Date

    Sold

    CRMLS: SB23001333

    $728,000

    Price

  • Jan 10, 2023

    Date

    Active

    CRMLS: SB23001333

    $725,000

    Price

  • June, 2011

  • Jun 13, 2011

    Date

    Sold (Public Records)

    Public Records

    $270,000

    Price

  • May, 2009

  • May 19, 2009

    Date

    Expired

    CRMLS: 12121600

    $281,900

    Price

  • Feb 18, 2009

    Date

    Active

    CRMLS: 12121600

    $281,900

    Price

  • Listing provided courtesy of CRMLS

    REO FIXER!!!! Property in need of some repairs. Great potential. Priced to sell. Must see to appreciate. Separate front house with back house having 1 unit downstairs 1 unit upstairs. Buyer to verify all permits.

  • August, 2008

  • Aug 15, 2008

    Date

    Sold (Public Records)

    Public Records

    $417,469

    Price

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Tax History for 11142 Raymond Ave

Assessed Value (2020): $337,677
Year Land Value Improved Value Assessed Value
2020 $269,435 $68,242 $337,677

Home Value Compared to the Market

This property vs the competition

11142 Raymond Ave sold on March 3, 2023 for 35.84% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $432.06 per/sqft which puts the price per square foot 42.7% lower than the current median sale per square foot for the city of Los Angeles.

About 11142 Raymond Ave

Detailed summary of property

11142 Raymond Ave is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 5 bedrooms, 3 bathrooms, roughly 1,678 living square feet, and sits on an approximately 5,514 square foot lot. 11142 Raymond Ave was first listed on ArdentRealEstateGroup.com on January 10, 2023. The homeowner sold the property for $728,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 35.84% lower than the current median priced home. Local homes that are currently for sale include 1149 W 87th St, 230 E 111th St and 1538 W 85th St. While the average home in Los Angeles, CA is selling in 98 days, 11142 Raymond Ave has a days on market of 21 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 11142 Raymond Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11142 Raymond Ave

Public county record property details
Beds
3
Baths
3
Year built
1936
Sq. Ft.
1,678
Lot Size
5,513
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
193
APN
6076-019-026

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
85
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.