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Sold for $1,215,000 on 07/07/23
  • Listing Provided by: 

    Ricardo Ceballos Jr. DRE #01371690 562-303-6182,

    Circle Real Estate

    Bought with: Realty One Group United
    $1,215,000

    2744 Raymond Ave, Los Angeles, CA 90007

    8beds
    4baths
    4,124sqft
    Triplex
    Built in 1905
    -- sqft lot
    $1,286,300 Zestimate®
    $295/sqft
    $2,623 Estimated rent

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    $2,623/mo

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    $7,566/mo

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    What's special

    "This property represents a lucrative investment opportunity for student housing in close proximity to USC, situated in a highly coveted area with LAC2, Tier 3 TOC zoning, significantly augmenting its worth. The multi-family 3-unit property comprises a 2-story house that has been divided into a duplex, alongside a third unit located above the 3-car garage and laundry room. The main house features 4 bedrooms, 2 bathrooms, a capacious living room with a study, laundry room, kitchen, dining room, and a generously-sized enclosed patio. Additionally, there is a 2 bedroom, 1 bathroom unit with its own private entrance, along with another 2 bedroom, 1 bathroom unit. This historic property has not undergone any updates and may require some cleaning and renovations. Nonetheless, it holds considerable potential. The property's charming front porch and long driveway, leading to a parking area with ample space for 4+ cars next to the 3-car garage, renders it a unique and appealing proposition. Located in the heart of the city, the property offers convenient access to various amenities. In summary, if you seek a prime investment property near USC, this property represents an exceptional opportunity that warrants serious consideration."

    Zillow last checked: 8 hours ago

    Listing updated: July 08, 2023 at 12:53pm

    Listing Provided by:

    Ricardo Ceballos Jr. DRE #01371690 562-303-6182,

    Circle Real Estate

    Bought with:

    Gabriel Cerda, DRE #01701299

    Realty One Group United

    Source: CRMLS,MLS#: DW23064189MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • Beamed Ceilings, Balcony
    • Has fireplace: Yes
    • Fireplace features: Den
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,124
    • Total interior livable area: 4,124 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,254 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5054012010
    • Zoning: LARD2
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash to New Loan
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    Estimated market value
    $1,286,300