2703 Raymond Avenue

Los Angeles CA 90007

4409 sq. ft.

9022 sq. ft.

Other

Last sold for $1,350,000

Jonathan Weir, last sold this property on 25 March 2026 after 77 days on market.

Overview

We are pleased to present 2703 Raymond Avenue in Los Angeles, CA, a 10-unit apartment building ideally located near the University of Southern California. The property features a unit mix of eight studio units and two one-bedroom apartments, supported by 14 on-site parking spaces, a rare amenity for the submarket. Recent capital improvements include upgraded electrical, plumbing, and foundation, providing a solid operational base. With strong in-place income, potential for rent growth and operational efficiencies, and possible ADU development upside (buyer to verify), this asset offers a compelling opportunity in the supply-constrained West Adams neighborhood, where demand is driven by proximity to education, employment, and transit. For more information, please reach out.

Features

2 bedrooms

10 bathrooms

14 carspaces

4409 sq. ft. floor area

9022 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 2 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 2703 Raymond Avenue

2026

Sold

$1,350,000

25 Mar 2026 by Jonathan Weir, of Marcus & Millichap

Happy sellers in Los Angeles

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