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$1,350,000
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Property Description
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.
Full Property Details
Full Property Details for 2703 Raymond Ave
General
- Sold For: $1,350,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26633923
- Added to Site: 104 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: Raymond Ave & W 27th St
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,409
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1905
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 10
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2071
- Lot Size: 9022
- Lot Size Source: Vendor Enhanced
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $328.87
- Assessment Year: 1905
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5054-009-022
Listed and Sold by Marcus & Millichap, Jonathan Weir and Marcus & Millichap, Stefan Ignjatovic
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Schools
Schools serving 2703 Raymond Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Vermont Avenue Elementary School 1435 West 27th Street, Los Angeles, CA 90007 | K-5 | 0.3 mi |
Foshay Learning Center 3751 South Harvard Boulevard, Los Angeles, CA 90018 | 6-12 | 0.9 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2703 Raymond Ave
Date
Details
Price
Change
Source
3/25/2026
Sold
$1,350,000
-6.9%
MLS
2/12/2026
Price Reduced
$1,450,000
-9.38%
MLS
1/05/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2703 Raymond Ave, Los Angeles, CA 90007 (MLS# 26633923) is a Multi-Family property that was sold at $1,350,000 on March 25, 2026. Want to learn more about 2703 Raymond Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

