2220 Raymond Los Angeles, CA $ 2,000,000
2220 Raymond
$ 2,000,000
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2220 Raymond

Los Angeles, CA, 90007
$ 2,000,000
Bedrooms-- Baths4.0 Sq 4,864

Monthly Estimate*

$ 13,814

Listed by Jason Vallejo, Major League Properties, jay@majorleaguesocal.com
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Multi-Family Home for sale in Los Angeles, CA

for $2,000,000 with 4 full baths. This 4,864 square foot home was built in 1923 on a lot size of 0.155.

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers.

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Multi-Family Active

Price

$ 2,000,000

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.155

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26203876

Days on Market

33

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling ENERGY STAR Qualified Equipment
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Garage Spaces 0
Pool Features None
Construction Materials Copper Plumbing
Year Built 1923
View City Lights
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 0
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 14000
Insurance Expense 4000
New Construction false
Property Type Residential Income
Contingency 1031 Exchange exchange property is already secured. Please contact listing agent Jay Vallejo for private showings. 562-217-3369 please text your business card with your request. DO NOT USE SHOWTIME **Seller Broker and Broker Agents do not represent or guarantee the accuracy of the square footage bedroom/bathroom count lot size or lot lines permitted or un-permitted spaces. Buyers agent and buyer to do their due diligence.
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 10 west to Normandie Ave (L) to 23rd (L) to Raymond Ave (L)
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 4
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6752
Listing Terms Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 4000
Fuel Expense 2400
Property Condition Turnkey
Trash Expense 1800
Water Sewer Expense 1800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 39
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Built-in Features Balcony Ceiling Fan(s) High Ceilings Open Floorplan Recessed Lighting Wired for Data
Flooring Laminate Wood
Fireplace Features Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Stacked
Entry Level 1
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Exterior
Parking Features Unassigned
Lot Features Landscaped Street Level
Water Source Public
Total Parking 10
Lot Size Area 6752
Number of Buildings 1
Spa false
Building Area Total 4864
Lot Size Acres 0.155
Road Surface Type Gravel
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Jason Vallejo

Listing Agent

Major League Properties

Broker

jay@majorleaguesocal.com

Email

Affordability Calculator

$13,814
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,814
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$2,000,000 Listed Price

Map


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2220 Raymond, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $2,000,000 with 4,864 sqft and a lot size of 0.155. 2220 Raymond has 4.0 baths and was built in 1923. The property's zip code is 90007 which is in Los Angeles, CA