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2744 Raymond Ave, Los Angeles, CA 90007
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2744 Raymond Ave Los Angeles, CA 90007

$1,215,000 Sold Price as of 07/07/2023
  • 8 Beds
  • 4 Baths
  • 4,124 Sq.Ft.
Sold
$1,215,000 Sold Price as of 07/07/2023 Refinance Your Mortgage
Map preview of 2744 Raymond Ave, Los Angeles, CA 90007

Property Overview: 2744 Raymond Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,124 living square feet and 7,254 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "This property represents a lucrative investment opportunity for student housing in close proximity to USC, situated in a highly coveted area with LAC2, Tier 3 TOC zoning, significantly augmenting its worth. The multi-family 3-unit property comprises a 2-story house that has been divided into a duplex, alongside a third unit located above the 3-car garage and laundry room. The main house features 4 bedrooms, 2 bathrooms, a capacious living room with a study, laundry room, kitchen, dining room, and a generously-sized enclosed patio. Additionally, there is a 2 bedroom, 1 bathroom unit with its own private entrance, along with another 2 bedroom, 1 bathroom unit. This historic property has not undergone any updates and may require some cleaning and renovations. Nonetheless, it holds considerable potential. The property's charming front porch and long driveway, leading to a parking area with ample space for 4+ cars next to the 3-car garage, renders it a unique and appealing proposition. Located in the heart of the city, the property offers convenient access to various amenities. In summary, if you seek a prime investment property near USC, this property represents an exceptional opportunity that warrants serious consideration."

Listed by Ricardo Ceballos Jr. | BRE #01371690 | Circle Real Estate
Last checked: 3 minutes ago | Last updated: July 8th, 2023 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
7,254
HOA Dues
$0/mo
Year built
1905
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
DW23064189
City
Los Angeles
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2744 Raymond Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Den
Interior Features
  • Balcony, Beamed Ceilings
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5054012010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: South on Normandie from 10 fry Left on 29th St. Left on Raymond Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2744 Raymond Ave

Last sold for $1,215,000 on July 7th, 2023

  • July, 2023

  • Jul 7, 2023

    Date

    Sold

    CRMLS: DW23064189

    $1,215,000

    Price

  • Apr 17, 2023

    Date

    Active

    CRMLS: DW23064189

    $1,250,000

    Price

  • June, 1999

  • Jun 4, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2744 Raymond Ave

Assessed Value (2020): $227,296
Year Land Value Improved Value Assessed Value
2020 $120,658 $106,638 $227,296

Home Value Compared to the Market

This property vs the competition

2744 Raymond Ave sold on July 7, 2023 for 7.14% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $290.98 per/sqft which puts the price per square foot 59.81% lower than the current median sale per square foot for the city of Los Angeles.

About 2744 Raymond Ave

Detailed summary of property

2744 Raymond Ave is a triplex that recently sold in Los Angeles, CA 90007. This triplex offered 8 bedrooms, 4 bathrooms, roughly 4,124 living square feet, and sits on an approximately 7,254 square foot lot. 2744 Raymond Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,215,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.14% higher than the current median priced home. Local homes that are currently for sale include 1520 W 37th St, 1678 Roosevelt Ave and 1171 W 38th St. While the average home in Los Angeles, CA is selling in 106 days, 2744 Raymond Ave has a days on market of 43 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2744 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 2744 Raymond Ave

Public county record property details
Beds
9
Baths
6
Year built
1905
Sq. Ft.
4,124
Lot Size
7,253
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5054-012-010

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
$1,495,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 2744 Raymond Ave

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Recently Sold Homes Near 2744 Raymond Ave

2656 Kenwood Ave, Los Angeles, CA 90007
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2755 Raymond Ave, Los Angeles, CA 90007
$910,000 Last Sold Price
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2901 Raymond Ave, Los Angeles, CA 90007
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2622 Raymond Ave, Los Angeles, CA 90007
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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