See Home Value
$1,210,717*
Multifamily - Off Market

2744 Raymond Avenue

Los Angeles, CA 90007
bedrooms
8 Beds
bathrooms
4 Baths
square feet
4124 Sqft
$1,080,000 - $1,320,000
Reference Base Price*
0.89%
Since Aug 1, 2023
CA-Los Angeles
Primary Model

About This Property

Call me for more information DIRECT "This property represents a lucrative investment opportunity for student housing in close proximity to USC, situated in a highly coveted area with LAC2, Tier 3 TOC zoning, significantly augmenting its worth.

The multi-family 3-unit property comprises a 2-story house that has been divided into a duplex, alongside a third unit located above the 3-car garage and laundry room. The main house features 4 bedrooms, 2 bathrooms, a capacious living room with a study, laundry room, kitchen, dining room, and a generously-sized enclosed patio. Additionally, there is a 2 bedroom, 1 bathroom unit with its own private entrance, along with another 2 bedroom, 1 bathroom unit.

This historic property has not undergone any updates and may require some cleaning and renovations. Nonetheless, it holds considerable potential. The property's charming front porch and long driveway, leading to a parking area with ample space for 4+ cars next to the 3-car garage, renders it a unique and appealing proposition.

Located in the heart of the city, the property offers convenient access to various amenities. In summary, if you seek a prime investment property near USC, this property represents an exceptional opportunity that warrants serious consideration."

The manager has listed the unit size as 4124 square feet.
Unit Size
4,124Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$291
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1905

Price History

Date / Event Date Event Price
Jul 9, 2023 No longer available -
No longer available
Jul 6, 2023 Sold to Rogelio Merlo $1,215,000
Sold to Rogelio Merlo
May 31, 2023 In contract -
In contract
May 19, 2023 Relisted $1,250,000
Relisted
May 19, 2023 Price Decreased $1,200,000
↓ $50K (4%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
7 Beds
5 Baths
4,494 ft²
$267/ft²
$1,200,000 Feb 1, 2023
-
-
Multifamily
Stu
-
2,454 ft²
$489/ft²
$1,200,000 Apr 22, 2022
-
-
Multifamily
7 Beds
-
-
$1,399,999 May 2, 2023
-
-
Commercial
Loft
-
3,410 ft²
$286/ft²
$975,000 Jul 31, 2022
-
-
Commercial
Loft
-
2,675 ft²
$373/ft²
$999,000 May 12, 2021
-
-
Multifamily
6 Beds
-
-
$1,269,000 Apr 17, 2023
-
-
Multifamily
5 Beds
-
-
$1,047,500 Nov 16, 2022
-
-
Multifamily
5 Beds
-
-
$1,047,500 Nov 16, 2022
-
-
Multifamily
4 Beds
-
-
$1,000,000 Oct 14, 2021
-
-
Multifamily
6 Beds
-
-
$995,000 May 19, 2023
-
-
House
4 Beds
2 Baths
1,271 ft²
$818/ft²
$1,040,000 Mar 8, 2023
-
-
Commercial
Loft
-
588 ft²
$1,786/ft²
$1,050,000 Dec 5, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2744 Raymond Avenue 2744 Raymond Avenue, Los Angeles, CA 90007
  • 1 Unit for Sale
More about this Building
2744 Raymond Avenue
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