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$1,899,000

FOR SALE
Active

2220 Raymond

Los Angeles, CA

MLS# PW26203876

Quadruplex
49 days on marketNalren refreshed

Listing Agent

Jason Vallejo

Listing Agent

Major League Properties

DRE #: 02219640

(562) 217-3369

Brokerage: Major League Properties

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1923

Year Built

6,752 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
Electric Dryer Hookup, Gas Dryer Hookup, Stacked
Flooring
Laminate, Wood
Interior Features
Balcony, Built In Features, Ceiling Fans, High Ceilings, Open Floorplan, Recessed Lighting, Wired For Data

Exterior

Private Pool
No
Lot Features
Landscaped, Street Level

Building

Year Built
1923
Building Area Total
4,864
Levels
Two
Property Condition
Turnkey
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
Energy Star Qualified Equipment
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Unassigned
Parking Total
10

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