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$ 1,600,000
Est. payment | /mo
2 Beds
10 Baths
4,409 SqFt
$ 1,600,000
Est. payment | /mo
2 Beds
10 Baths
4,409 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,409 sqft
Price per Sqft $362
MLS Listing ID 26633923
Bedrooms 2
HOA Y/N No
Year Built 1905
Lot Size 9,021 Sqft
Property Description
We are pleased to present 2703 Raymond Avenue in Los Angeles, CA, a 10-unit apartment building ideally located near the University of Southern California. The property features a unit mix of eight studio units and two one-bedroom apartments, supported by 14 on-site parking spaces, a rare amenity for the submarket. Recent capital improvements include upgraded electrical, plumbing, and foundation, providing a solid operational base. With strong in-place income, potential for rent growth and operational efficiencies, and possible ADU development upside (buyer to verify), this asset offers a compelling opportunity in the supply-constrained West Adams neighborhood, where demand is driven by proximity to education, employment, and transit. For more information, please reach out.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Uncovered
Total Parking Spaces 14
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5054009022
Special Listing Condition Standard
Listed by Marcus & Millichap
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