2220 Raymond Los Angeles, CA 90007
6,751 Sqft Lot
Open House
Sat Nov 07, 11:00am - 2:00pm
Sun Nov 08, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26203876
Construction Status Turnkey
HOA Y/N No
Year Built 1923
Lot Size 6,751 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location.
The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint.
Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today's rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal.
A particularly valuable feature is the property's approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location.
Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset.
A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles' most prominent educational, employment, and cultural centers.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data
Heating Wall Furnace
Cooling ENERGY STAR Qualified Equipment
Flooring Laminate, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Stacked
Exterior
Parking Features Unassigned
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5054018021
Energy Description 2400.0
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
