2626 Raymond Ave Los Angeles, CA 90007

$--
  • 7 Beds
  • 5 Baths
  • 5,326 Sq.Ft.
Off Market

Map preview of 2626 Raymond Ave, Los Angeles, CA 90007

Property Overview: 2626 Raymond Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, 5,326 living square feet and 8,102 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2626 Raymond Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2626 Raymond Ave

Last sold on August 29th, 1996
  • April, 2024

  • Apr 30, 2024

    Date

    Withdrawn

    CRMLS: 24371013

    $995,000

    Price

  • Mar 20, 2024

    Date

    Active

    CRMLS: 24371013

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Upside of this property is in its proximity to USC and the enormous upside in rents. Owners have owned this property since 1972. Additionally, The garages have all been vacated to make room for (2) ADU's. Rents below reflect increase as of April 2024. If you add $200,000 for the addition of the (2) ADU's, your actual CAP Rate with current rents plus ADU rent would be 6.66%

  • January, 2023

  • Jan 16, 2023

    Date

    Expired

    CRMLS: 22203639

    $1,200,000

    Price

  • Sep 27, 2022

    Date

    Active

    CRMLS: 22203639

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    This property has been owned and well maintained by the same family since 1972. Comprised of a fourplex in the front and a single unit in the rear above the garages. The entire driveway has been repaved in cement and the electrical has been updated. The property is approximately 7-blocks due north of USC and has enormous upside in rent due to the high student demand.

  • August, 1996

  • Aug 29, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2626 Raymond Ave

Assessed Value (2020): $50,825
Year Land Value Improved Value Assessed Value
2020 $27,320 $23,505 $50,825

About 2626 Raymond Ave

Detailed summary of property

2626 Raymond Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90007 and is currently off market. This property has 7 bedrooms, 5 bathrooms, roughly 5,326 living square feet, and sits on an approximately 8,102 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 1745 S Kingsley Dr, 2807 S Western Ave and 1659 Roosevelt Ave. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 2626 Raymond Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2626 Raymond Ave

Public county record property details
Beds
7
Baths
5
Year built
1922
Sq. Ft.
5,326
Lot Size
8,102
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5054-011-008

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$876
Total Inventory
11
Median Sale to List Price %
96.67%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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Nearby Homes to 2626 Raymond Ave

Data from public records.

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