2703 Raymond Avenue, Los Angeles, CA 90007

$1,350,000
2
BD
10
BA
4,409
SqFt

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Sold Price
$1,350,000
List Price
$1,450,000
Closing Date
Mar 25, 2026
Status
CLOSED
MLS#
26633923
Year Built
1905
Bedrooms
2
Bathrooms
10
Living Sq. Ft
4,409
Lot Size
9,022
Acres
0.21
Days on Market
70
Property Type
Multifamily
Stories
Two Levels

Property Description

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.

Additional Information

Appliances
Disposal, Refrigerator
Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by from Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.