NOT LISTED FOR SALE

3109 Raymond Ave Los Angeles, CA 90007

Adams-Normandie Neighborhood

Estimated Value: $1,118,000 - $1,541,054

4 Beds
4 Baths
4,606 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2019

Last sale price $1,085,000 $236 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,862 / mo

100 Days on Market

About This Home

As of October 2019

We are pleased to offer for sale this four (4) unit investment opportunity located at 3109 Raymond Avenue, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1914 with a square footage of 4,606 on a 6,617-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1+1 units. The subject property is 75% occupied, and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, recently painted, and individually metered for gas and electricity.

Last Agent to Sell the Property

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 06/24/2019

Keller Williams Hollywood Hills

Last Buyer's Agent

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 06/24/2019

Keller Williams Hollywood Hills

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,617 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 4,606 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5040-002-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

6,617 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4606
  • Stories: 2
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 259.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 346319
  • Assessed Land Value: 808082
  • Assessor Parcel Number: 5040-002-024
  • Geocode Override: No
  • Lot Size Area: 6617

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.65
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Bought by
Current Estimated Value
$1,390,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$849,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 26, 2019
Sold by
Bought by
Seller's Agent
Davis Saadian
Keller Williams Hollywood Hills
Buyer's Agent
Davis Saadian
Keller Williams Hollywood Hills
List Price
$1,250,000
Sold Price
$1,085,000
Premium/Discount to List
-$165,000
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 18, 2019
Sold by
Bought by
Seller's Agent
Davis Saadian
Keller Williams Hollywood Hills
Buyer's Agent
Davis Saadian
Keller Williams Hollywood Hills
List Price
$1,250,000
Sold Price
$1,085,000
Premium/Discount to List
-$165,000
-13.2%

Purchase Details

Closed on
Jun 14, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Adams-Normandie, CA

  • Venny Saucedo Real Estate Agent - eXp Realty of Greater L.A

    Venny Saucedo

    eXp Realty of Greater L.A

    (424) 349-4410

    45 Total Sales

    1 in Adams-Normandie

    $965,000 Price

    Venny Saucedo
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  • Colt Maloney Real Estate Agent - Figure 8 Realty

    Colt Maloney

    Figure 8 Realty

    (213) 513-7683

    61 Total Sales

    1 in Adams-Normandie

    $965,000 Price

    Colt Maloney
     Section Image
  • Marcus Beck Real Estate Agent - Sotheby's International Realty

    Marcus Beck

    Responds Quickly

    Sotheby's International Realty

    (424) 425-3768

    27 Total Sales

    1 in Adams-Normandie

    $1,710,000 Price

    Marcus Beck
     Section Image
  • Monica Olmos Real Estate Agent - Century 21 Masters

    Monica Olmos

    Century 21 Masters

    (626) 986-7539

    44 Total Sales

    1 in Adams-Normandie

    $650,000 Price

    Monica Olmos
     Section Image
  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    135 Total Sales

    1 in Adams-Normandie

    $1,265,000 Price

    Josh Stein-Sapir
     Section Image
  • Erica Marr Real Estate Agent - COMMUNITY REALTY & INVESTMENTS

    Erica Marr

    Responds Quickly

    COMMUNITY REALTY & INVESTMENTS

    (925) 320-3600

    98 Total Sales

    2 in Adams-Normandie

    $580,000 Price Range

    Erica Marr
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
-- Lawyers Title Company
$1,085,000 Lawyers Title Company
-- Lawyers Title Company
$850,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $849,000
Previous Owner $637,500
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $1,085,000 -9.2% $236 / Sq Ft
08/18/2019 08/18/19 Price Changed $1,195,000 -4.4% $259 / Sq Ft
06/24/2019 06/24/19 For Sale $1,250,000 -- $271 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,819 $1,186,602 $874,915 $311,687
2024 $14,599 $1,163,336 $857,760 $305,576
2023 $14,326 $1,140,527 $840,942 $299,585
2022 $13,675 $1,118,164 $824,453 $293,711
2021 $13,488 $1,096,240 $808,288 $287,952
2019 $10,781 $867,000 $346,800 $520,200
2018 $10,658 $850,000 $340,000 $510,000
2016 $13,911 $1,131,767 $792,238 $339,529
2015 $13,711 $33,812 $22,414 $11,398
2014 $774 $33,150 $21,975 $11,175
Source: Public Records

Agents Affiliated with this Home

  • Davis Saadian Real Estate Agent - Keller Williams Hollywood Hills

    Seller's Agent in 2019

    Davis Saadian

    Keller Williams Hollywood Hills

    (310) 402-8958

    12 in this area

    65 Total Sales

    Davis Saadian
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Map

Source: The MLS

MLS Number: 19-481472

The MLS

APN: 5040-002-024

California Los Angeles County Los Angeles 90007 Adams-Normandie

3109 Raymond Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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