2901 Raymond Avenue, Los Angeles, CA 90007

About this triplex

Excellent cash-flowing Student Housing investment! Enjoy steady passive income at a stunning cap rate. This 3-unit complex building sits on a HUGE CORNER LOT, approximately 9,894 sqft. zoned LAR3. The property is located in the USC DEPT & SAFETY PATROL ZONE, minutes from USC village. Thoughtfully restored Craftsman and upgraded will be appreciated. The features included - refinish flooring, lighting, remodeled kitchens/bathrooms, electrical system, copper plumbing, roof, and a lot more. Don't miss the opportunity to acquire a terrific option for Owner-Users, Rental, Vacation Rental Operators, and savvy investors.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$1,500,000

Sold February 2023 · on market January 2023 · MLS #SB23002842 · Source: CRMLS

Listing Agent: Claire Kim · Listing Office: The Realestate Group · Contact: 310-938-7108 · Bought with: Michael R. Fukushima · Keller Williams Downtown LA

$687,525

Sold September 2017 · listed $699,000, orig. $599,000, on market July 2017 · MLS #CV17172934 · Source: CRMLS

Listing Agent: NICOLE MORENO-NOLAN · Listing Office: REALTY MASTERS & ASSOCIATES · Contact: 909-303-4500 · Bought with: Claire Kim · The Real Estate Group

$679,000

Sold July 2017 · listed $570,000, orig. $560,000, on market December 2016 · MLS #DW16766614 · Source: CRMLS

Listing Agent: Marcial Rivas · Listing Office: Tierra Bella Realty R-M · Contact: 562-622-1726 · Bought with: NICOLE MORENO-NOLAN · REALTY MASTERS & ASSOCIATES

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