2009 Raymond Ave

Subject to cancellation. Bank owned, sold for $1,025,000 in 2018. Classic 4214 sq. ft. 4plex, north of 10 freeway, on zero traffic 1 block long street in Pico Union, less than a mile to USC. Over 1000 sq. ft. each, tile facade roof, raised foundations, 4 garages, separate gas and electric meters, individual water heaters. One beds could probably be converted to two's. On completely gated 50 X 114 R3 lot. Borrower had plans for new 10 unit. 81 Walkscore. Zestimate $1,053,000. Walkable to West Adams Prep and Loyola High. Needs work and rent controlled, but huge upside if you can relo tenants.