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Five-Unit Apartment Building
New
For Sale
$750,000

11145 Raymond, Los Angeles, CA 90044

Residential income property with four occupied apartments and a detached house requiring renovation before tenancy.

Property Size3,563 SF
Days on Market4

Property Features for 11145 Raymond

General Information

Standard status Active
Size 3,563 SF
Property subtype Investment

Property Condition

Severity Major Repairs Needed
Evidence interior gutted

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Additional Details

Asking Price $750,000
Public Transit Yes

Building Details

Building Size 3,563 SF
Year Built 1962
Units 5
Listing Agency: Compass
Listed By: Jesse Dougherty · License #01949609
Source: Elliman
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 3:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This five-unit apartment property includes three two-bedroom, one-bathroom apartments, one one-bedroom, one-bathroom apartment, and a detached two-bedroom, one-bathroom front house. Four apartments are occupied, while the front house is vacant with its interior gutted for renovation. The existing apartments provide an operating income base, and the completed front house can support a new tenancy. The property was built in 1962 and is located at 11145 Raymond in Los Angeles, California.

The site offers access to employment centers, transportation corridors, and destinations throughout South Los Angeles. Walk Score is 64, Transit Score is 65, and Bike Score is 65. The prior eviction and remediation of the front house have been completed, leaving renovation and lease-up work for the next owner.

Key Highlights

  • Five‑unit apartment property with four occupied units
  • Unit mix includes three 2‑bedroom, 1‑bathroom apartments; one 1‑bedroom, 1‑bathroom apartment; and one 2‑bedroom, 1‑bathroom house
  • Detached front house is vacant with a gutted interior for renovation

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with four occupied apartments and a detached house requiring renovation before tenancy.
Where is this apartment building located?
The property is located at 11145 Raymond Los Angeles, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Five‑unit apartment property with four occupied units; Unit mix includes three 2‑bedroom, 1‑bathroom apartments; one 1‑bedroom, 1‑bathroom apartment; and one 2‑bedroom, 1‑bathroom house; Detached front house is vacant with a gutted interior for renovation
More about this property
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