$1,695,000

2619 Raymond Avenue, Los Angeles, CA 90007

  • 12 beds |
  • 5 baths |
  • 6,031 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon8,782sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $281/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to the West Adams neighborhood where you can live, earn, and grow your investment. Priced at below $300 per building sq. ft. and a Cap Rate of 6.38%. Discover a rare West Adams offering: an expansive 6,031 sq. ft. (12 Beds and 5 Baths) 3-unit property on a sprawling 8,780 sq. ft lot. This is your chance to owner-occupy one turnkey unit while collecting rents from the others or obtain top market rent for the vacant unit. The interior photos are all of the vacant unit. The front house of 4,419 sq. ft. consists of a first-floor unit with 3 bedrooms and 2 baths ready for immediate occupancy and a separate second floor with 5 bedrooms and 1 bath. The second-floor bedrooms are currently rented out room by room with a current income of $3,763.00 per month. The vacant character filled unit features high ceilings, gleaming hardwood floors, a designer-caliber gourmet kitchen with an oversized island, stone countertops, and stainless-steel appliances. The spa-inspired baths feature modern fixtures and elegant tilework. The rear duplex of 1,612 sq. ft., built in 1965, consists of 2 units both with 2 bedrooms and a 1 bath floor plan with a current income of $3,667.00 plus upside of obtaining market rent of $2,500.00 per unit. Let's not forget about the 6 parking spaces that are secured behind gates. Situated in the heart of West Adams, you are moments from USC, Exposition Park, hip cafes, artisan boutiques, and the Expo Line. Whether you're looking to live on-site and let the market pay your mortgage, or maximize your rental income across three separate units, this is the opportunity you've been waiting for. Schedule your private showing today as 2619 Raymond Ave. is the perfect blend of California lifestyle and smart real-estate strategy.

Listing Status:
Active
Date Added:
September 5, 2025 at 05:00AM
Listing Office:
Sunnyside Group : 213-388-5000
Listing Agent:
Roy Kwak : 213-388-5000
MLS ID:
25585831
  • Appliances: DishwasherMicrowaveOvenRangeRefrigeratorRange HoodDryerWasher
  • Laundry: Laundry Closet
  • Flooring: LaminateTileWood
  • A/C: None
  • Heating: None
  • Fireplace: None
  • General: None
  • Style: Craftsman
  • Pool: None
  • Parking: AssignedConcreteGatedParking spaces: 6
  • General: 2Raised
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD25054010005
  • View: City LightsView
  • Sewer: Other
  • Source: CRMLS_CL

This listing courtesy of Roy Kwak, Sunnyside Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

V

Vermont Avenue Elementary

1435 W 27th St, Los Angeles, CA, 90007

Grades KG-5

0.32 miles away

S

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.44 miles away

S

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.