Address not provided Los Angeles, CA ^$ 2,750,000

Address not provided

^$ 2,750,000

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Address not provided

Name: address
Address: CA, 90007

Los Angeles, CA, 90007

^$ 2,750,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 18,994

Commercial Property for sale in Los Angeles, CA

for $2,750,000. This building was built in 1906.

2755 Raymond Ave presents a rare opportunity to develop a six-story, 100% affordable housing community in the heart of Los Angeles. The ED1 project includes 75 one-bedroom units. Zoning plan check was approved in April 2026, and the project is permit-ready, subject to final clearances (Buyer to pay permit fees). The property is currently vacant and ready for demolition, eliminating the time and cost of tenant relocation.The proposed building features all one-bedroom, one-bathroom units ranging from 394 to 452 SF, complemented by a 3,960 SF roof deck, sixth-floor resident lounge, fitness center, and secure bike parking. With ED1 approval and 40,325 SF of approved floor area (6.6:1 FAR), the project offers a streamlined path to delivery for investors and developers focused on affordable housing in a high-demand, supply-constrained market.

Commercial Active

Price

^$ 2,750,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1906

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026107294

Features

General

Zoning RD2-1-O-HPOZ

Year Built 1906

County Los Angeles

Property Type Commercial Sale

Status Active

City Los Angeles

MLS Area C16 - Mid Los Angeles

Standard Status Active

Interior

Total Stories 6

Total Baths 0

Exterior

Lot Size Area 10601

* Excluded Features

List By

Daniel Baird

Listing Agent

Sperry Van Ness

Broker

richd@svn.com

Affordability Calculator

$18,994

Per Month

Monthly Principal & Interest: $18,994
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,406,748

Percent of Sale Price 12%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/9/2026	$2,750,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 11/9/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial Property for sale in Los Angeles, CA

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