2921 Raymond Ave, Los Angeles, CA 90007
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2921 Raymond Ave Los Angeles, CA 90007

$949,000 Sold Price as of 10/26/2021
  • 9 Beds
  • 6 Baths
  • 2,220 Sq.Ft.
Sold
$949,000 Sold Price as of 10/26/2021 Refinance Your Mortgage

Map preview of 2921 Raymond Ave, Los Angeles, CA 90007

Property Overview: 2921 Raymond Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 2,220 living square feet and 6,618 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity USC area, walking distance to USC. quiet residential street and neighbors, you may extend more units. current tenants are paid in full and on time. good tenants, parking in the back. gated. Drive by only. Offers will be accepted subject to interior inspection, seller will not deliver vacancy.

Listed by Paul Chung | BRE #01177751 | Apple Properties & Assets Inc.
Co-listed by Aaron Chung | BRE #02156486 | Apple Properties & Assets Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,618
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21779946
City
Los Angeles
County
Los Angeles
Time on Site
1108 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,935
  • Total Rent: $1,935
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,968
  • Total Rent: $1,968
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $45,836
  • Gross Operating Income: $46,836
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2921 Raymond Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: One
  • Security Features: Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Parking Space, Uncovered
Lot Information
  • Lot Features: Lawn, Back Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 5054008027
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: West of Vermont Ave and North of Jefferson
View more facts & features

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Sale History for 2921 Raymond Ave

Last sold for $949,000 on October 26th, 2021
  • September, 2021

  • Sep 20, 2021

    Date

    Active Under Contract

    CRMLS: 21779946

    $949,000

    Price

  • Sep 3, 2021

    Date

    Active

    CRMLS: 21779946

    $949,000

    Price

  • December, 2014

  • Dec 18, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2011

  • Nov 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

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Tax History for 2921 Raymond Ave

Assessed Value (2020): $379,130
Year Land Value Improved Value Assessed Value
2020 $227,478 $151,652 $379,130

Home Value Compared to the Market

This property vs the competition

2921 Raymond Ave sold on October 26, 2021 for 15.27% lower 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 $427.48 per/sqft which puts the price per square foot 40.96% lower than the current median sale per square foot for the city of Los Angeles.

About 2921 Raymond Ave

Detailed summary of property

2921 Raymond Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 2,220 living square feet, and sits on an approximately 6,618 square foot lot. 2921 Raymond Ave was first listed on ArdentRealEstateGroup.com on September 3, 2021. The homeowner sold the property for $949,000. 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 15.27% lower than the current median priced home. Local homes that are currently for sale include 1918 W 36th Pl, 2242 W 29th St and 1601 Venice Blvd. While the average home in Los Angeles, CA is selling in 104 days, 2921 Raymond Ave has a days on market of 13 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 2921 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 2921 Raymond Ave

Public county record property details
Beds
6
Baths
4
Year built
1922
Sq. Ft.
2,220
Lot Size
6,617
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5054-008-027

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.
$616
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
17
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.