2744 Raymond Avenue, Los Angeles, CA 90007
Triplex
Sold July 2023
Listing Agent: Ricardo Ceballos Jr. (DRE #01371690) · Listing Office: Circle Real Estate · Contact: 562-521-9022 · Bought with: Gabriel Cerda · Realty One Group United · MLS #DW23064189 · Source: CRMLS
About this triplex
"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."
Listing description from the July 2023 sale, as reported to CRMLS.
Sale history