For Sale
2755 Raymond Avenue, Los Angeles, CA 90007
  • $1,000,000
  • $262

Overview

Property ID: HZ8983258
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 3821.00
  • Sqft
  • 1906
  • Year Built

Description

We are pleased to offer the opportunity to acquire this value-add three (3) unit Student Housing/Multi-Family investment on 2755 Raymond Ave, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of one (1) large apartment building on an oversized 10,602 sqft lot. The property features a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 2 bedroom + 1 bathroom units (one 2+1 to be delivered vacant per the seller). The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU’s- Buyer to Verify) in the rear of the structure. Given the location, attractive local area amenities, and opportunity to drastically increase rental income via development as well as tenant turnover, this investment presents an excellent opportunity for an investor to acquire a desirable apartment building in the attractive USC submarket with strong value add upside.

  • Address 2755 Raymond Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on July 19, 2023 at 11:11 am
  • Property ID: HZ8983258
  • Price: $1,000,000
  • Property Size: 3821.00 Sqft
  • Land Area: 10602.00 Sqft
  • Bedrooms: 7
  • Bathrooms: 3
  • Year Built: 1906
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3821.00
  • Living Area Prefix: Sqft
  • MLS#: 23289375
  • Office Name: KELLER WILLIAMS BEVERLY HILLS
  • Agent Name: Adam Shamooelian
  • MLS Status: Active
  • Agent State License: 02116849

Additional details

  • County: Los Angeles
  • Parking: 6.00

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