2703 Raymond Avenue Los Angeles, CA $ 1,600,000
2703 Raymond Avenue
$ 1,600,000
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2703 Raymond Avenue

Los Angeles, CA, 90007
$ 1,600,000
Baths0.0 Sq 4,409

Monthly Estimate*

$ 9,851

2703 Raymond Avenue, Los Angeles, CA 90007 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000. This 4,409 square foot home was built in 1905 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026633923

Features
General
Living Area 4409.0
Heating Wall Furnace
Zoning LARD2
Year Built 1905
Levels Two
County Los Angeles
Net Operating Income 124511.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 9022.0
Standard Status Active
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Interior
Kitchen Appliances Disposal Refrigerator
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Uncovered
Lot Size Area 9022.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 4409.0
Lot Size Acres 0.21
Land Lease Type Fee
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* Excluded Features
List By
Jonathan Weir

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$9,851
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Monthly Principal & Interest
$9,851
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$1,600,000 Listed Price

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2703 Raymond Avenue, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,600,000 with 4,409 sqft and a lot size of 0.21. 2703 Raymond Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 90007 which is in Los Angeles, CA