2924 Raymond Ave, Los Angeles, CA 90007
Image 2 for 2924 Raymond Ave, Los Angeles, CA 90007
Image 3 for 2924 Raymond Ave, Los Angeles, CA 90007
View Photos

2924 Raymond Ave Los Angeles, CA 90007

$1,139,000 Sold Price as of 09/28/2021
  • 6 Beds
  • 4 Baths
  • 4,460 Sq.Ft.
Sold
$1,139,000 Sold Price as of 09/28/2021 Refinance Your Mortgage

Map preview of 2924 Raymond Ave, Los Angeles, CA 90007

Property Overview: 2924 Raymond Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,460 living square feet and 6,657 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity! Very closw to university. Can potentially rent to students. 4 unit property. 2 units have 2 bedrooms 1 full bath in each unit. 2 units have 1 bedroom 1 bath each. 1 unit has a laundry hook up inside unit but there is also a community coin laundry on property. Driveway entrance shared with nieghbors.

Listed by Paula Arroyo | BRE #00970034 | Excellence RE Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
6,657
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21115004
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,273
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,284
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,284
  • Net Operating Income: $7,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $53,584
  • Electric: $2,400
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $2,300
  • Water/Sewer: $1,800
  • Other Expenses: $1,200

Property Details for 2924 Raymond Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Shared Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5054013007
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off Normandie Ave and W 29th St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 2924 Raymond Ave

Last sold for $1,139,000 on September 28th, 2021
  • September, 2021

  • Sep 16, 2021

    Date

    Expired

    CRMLS: DW21106031

    $1,180,000

    Price

  • Jul 11, 2021

    Date

    Withdrawn

    CRMLS: DW21106031

    $1,180,000

    Price

  • Jul 10, 2021

    Date

    Active

    CRMLS: DW21106031

    $1,180,000

    Price

  • May 28, 2021

    Date

    Withdrawn

    CRMLS: DW21106031

    $1,180,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: DW21106031

    $1,180,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 23, 2021

    Date

    Pending

    CRMLS: DW21115004

    $1,180,000

    Price

  • Jul 10, 2021

    Date

    Active

    CRMLS: DW21115004

    $1,180,000

    Price

  • Jun 16, 2021

    Date

    Active Under Contract

    CRMLS: DW21115004

    $1,180,000

    Price

  • May 28, 2021

    Date

    Active

    CRMLS: DW21115004

    $1,180,000

    Price

  • May, 2021

  • May 6, 2021

    Date

    Expired

    CRMLS: DW20210744

    $1,180,000

    Price

  • Jan 28, 2021

    Date

    Price Change

    CRMLS: DW20210744

    $1,180,000

    Price

  • Oct 7, 2020

    Date

    Active

    CRMLS: DW20210744

    $1,320,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity! Very Close To UCLA! 4 unit property. 2 units that have 2 bedrooms 1 full bath in each unit. 2 units have 1 bedroom 1 bathroom plus bonus room each unit. 1 unit has a luxury hook up inside unit but there is also a community coin laundry on property. Near USC campus.

  • December, 2003

  • Dec 16, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2924 Raymond Ave

Assessed Value (2020): $290,382
Year Land Value Improved Value Assessed Value
2020 $96,790 $193,592 $290,382

Home Value Compared to the Market

This property vs the competition

2924 Raymond Ave sold on September 28, 2021 for 5.36% 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 $264.57 per/sqft which puts the price per square foot 63.46% lower than the current median sale per square foot for the city of Los Angeles.

About 2924 Raymond Ave

Detailed summary of property

2924 Raymond Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,460 living square feet, and sits on an approximately 6,657 square foot lot. 2924 Raymond Ave was first listed on ArdentRealEstateGroup.com on May 28, 2021. The homeowner sold the property for $1,139,000. 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 5.36% higher than the current median priced home. Local homes that are currently for sale include 1520 W 37th St, 1742 W 36th St and 1256 W 22nd St. While the average home in Los Angeles, CA is selling in 104 days, 2924 Raymond Ave has a days on market of 82 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 2924 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 2924 Raymond Ave

Public county record property details
Beds
8
Baths
4
Year built
1916
Sq. Ft.
4,460
Lot Size
6,657
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5054-013-007

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%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.