2755 Raymond Avenue Los Angeles, CA $ 2,750,000
2755 Raymond Avenue
$ 2,750,000
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2755 Raymond Avenue

Los Angeles, CA, 90007
$ 2,750,000
Bedrooms-- Baths-- Sq 49,477

Monthly Estimate*

$ 18,994

Listed by Daniel Baird, Sperry Van Ness, richd@svn.com
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 1
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 2
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 3
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 4
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 5
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 6
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 7
2755 Raymond Avenue, Los Angeles, CA 90007 - Image 8

Commercial Property for sale in Los Angeles, CA

for $2,750,000. This 49,477 square foot building was built in 1906 on a lot size of 0.2434.

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.

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Commercial Active

Price

$ 2,750,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2434

Year Built

1906

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26107294

Days on Market

1

Features
General
Zoning RD2-1-O-HPOZ
HOA Fee 0
Year Built 1906
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions To reach the property at 2755 Raymond Ave Los Angeles CA 90007 take the I-10 (Santa Monica Freeway) and exit at Vermont Avenue. Head south on Vermont Avenue toward the University of Southern California (USC) campus then turn right onto W 27th Street. Proceed west for two blocks and make a left turn onto Raymond Avenue.
City Los Angeles
Number Of Units Total 75
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 10601
Standard Status Active
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Interior
Total Stories 6
Total Baths 0
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Exterior
Total Parking 19
Lot Size Area 10601
Building Area Total 49477
Lot Size Acres 0.2434
Lot Size Source Assessor
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* Excluded Features
List By
Daniel Baird

Listing Agent

Sperry Van Ness

Broker

richd@svn.com

Email

Affordability Calculator

$18,994
Per Month
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Monthly Principal & Interest
$18,994
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2026$2,750,000 Listed Price

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2755 Raymond Avenue, Los Angeles, CA, 90007 is a Commercial Property for sale at $2,750,000 with 49,477 sqft and a lot size of 0.2434. 2755 Raymond Avenue was built in 1906. The property's zip code is 90007 which is in Los Angeles, CA