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2703 Raymond Avenue, Los Angeles CA 90007
2703 Raymond Avenue, Los Angeles CA 90007
2703 Raymond Avenue, Los Angeles CA 90007
2703 Raymond Avenue, Los Angeles CA 90007
2703 Raymond Avenue, Los Angeles CA 90007
California>Los Angeles>Adams - Normandie

2703 Raymond AvenueLos Angeles, CA 90007

For Sale

$1,450,000

Smart Buyer Rebate $14,500

We are pleased to present 2703 Raymond Avenue in Los Angeles, CA, a 10-unit apartment building ideally located near the University of Southern California. The property features a unit mix of eight studio units and two one-bedroom apartments, supported by 14 on-site parking spaces, a rare amenity for the submarket. Recent capital improvements include upgraded electrical, plumbing, and foundation, providing a solid operational base. With strong in-place income, potential for rent growth and operational efficiencies, and possible ADU development upside (buyer to verify), this asset offers a compelling opportunity in the supply-constrained West Adams neighborhood, where demand is driven by proximity to education, employment, and transit. For more information, please reach out.

Listed by Stefan Ignjatovic

·

License #02084397

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Marcus & Millichap

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424-405-3834

Last updated February 24, 2026

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Source: CRMLS #26633923

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams - Normandie
  • Bedrooms2
  • Days on Prevu71
  • Size4,409 sqft
  • Price per sqft$329

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/24/2026
Status changed to Active
$1,450,000
02/12/2026
Price Decreased
$1,450,000
01/21/2026
Status changed to In Contract
$1,600,000
01/05/2026
Listed by Marcus & Millichap
$1,600,000

Property Details for 2703 Raymond Avenue

Exterior

Construction

  • Number Of Units Total: 10
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1905

Measurements

  • Building Area Total: 4,409
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,022
  • Lot Size Square Feet: 9,022
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $191,104.00

Taxes

  • Parcel Number: 5054009022

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 4,409

Rooms

  • Bathrooms Total Integer: 10
  • Bedrooms Total: 2

Parking

Parking

  • Parking Features: Uncovered
  • Parking Total: 14

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 2 bedrooms in this multi-family home at 2703 Raymond Avenue.

Does this multi-family home have parking?

Yes, there are 14 parking spaces available for 2703 Raymond Avenue.

How does 2703 Raymond Avenue compare to other multi-family homes in Adams - Normandie?

This multi-family home is listed 0% below the average price for multi-family homes in Adams - Normandie and has been on the market for 66 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,409 sqft.

2703 Raymond Avenue is a 2-bedroom multi-family home for sale in Los Angeles CA 90007. Available on Prevu for 71 days at $1,450,000. This includes a recent price decrease of $150,000. This residence features 4,409 square feet of living space, located in Adams - Normandie. The median listing price for multi-family homes in this area is $1,300,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.