Back to Search Nalren

Sold for $1,500,000 · Feb 2023

SOLD
Sold

2901 Raymond Avenue, Los Angeles, CA 90007

Los Angeles, CA

MLS# SB23002842

2,982 Sq Ft • Triplex
5 days on market

Listing Agent

Claire Kim

Listing Agent

The Realestate Group

DRE #: 01901461

Brokerage: The Realestate Group

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,982 sqft

Square Feet

1910

Year Built

0.23 acres

Lot Size

$503

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Triplex

Property Type

Description

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.

Facts & Features

Details

Stories
2
Cooling
CentralAir, WallWindowUnits
Heating
Central, WallFurnace
View
Neighborhood

Sale history for 2901 Raymond Avenue

3 recorded sales

$1,500,000
Sold February 2023 · on market January 2023, 5 days on market · 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, 11 days on market · 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, 2 days on market · 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

How this sale compares

2901 Raymond Avenue sold for $1,500,000 in February 2023, at its full list price, after 5 days on the market. Across 29 closed sales in 90007 over the last 12 months, the median sold price is $975,000 and the median is $368 per square foot.

$368
90007 median per sq ft (12 mo)
$975,000
90007 median sold price (12 mo)
29
Closed sales in 90007 (12 mo)
5
Days on market
QuarterClosed sales in 90007Median sold price
Q2 202611$1,010,778
Q3 202613$888,000
Q4 20265$987,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90007

Recent sales near 2901 Raymond Avenue

Closed sales reported in 90007, nearest first, last 12 months. All recent sales in Los Angeles →

Explore Los Angeles