2755 Raymond Avenue Los Angeles, CA 90007
We are pleased to offer the opportunity to acquire this value-add three (3) unit Student Housing/Multi-Family investment on 2755 Raymond Ave, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of one (1) large apartment building on an oversized 10, 602 sqft lot. The property features a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 2 bedroom + 1 bathroom units (one 2+1 to be delivered vacant per the seller). The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the structure. Given the location, attractive local area amenities, and opportunity to drastically increase rental income via development as well as tenant turnover, this investment presents an excellent opportunity for an investor to acquire a desirable apartment building in the attractive USC submarket with strong value add upside.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site355 Days
- MLS StatusActive Under Contract
- MLS ID Number23289375
- Home Size Source N/A
- Year Built1906
- Lot Size0.2434 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 6
- Number of Stories 2
- Acreage 0.2434
- Zoning LARD2
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area C16 - Mid Los Angeles