2755 Raymond Ave, Los Angeles, Los Angeles County, CA, 90007 Los Angeles CA US

USD 1,000,000
For Sale MLS: 23-289375

Property Details

Bedrooms

7

Bathrooms

2

Neighborhood

Adams - Normandie

Property Type

MultiFamily

Description

We are pleased to offer the opportunity to acquire this value-add three (3) unit Student Housing/Multi-Family investment on 2755 Raymond Ave, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of one (1) large apartment building on an oversized 10,602 sqft lot. The property features a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 2 bedroom + 1 bathroom units (one 2+1 to be delivered vacant per the seller). The investment also allows the opportunity to further increase cash flow by adding multiple Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the structure. Given the location, attractive local area amenities, and opportunity to drastically increase rental income via development as well as tenant turnover, this investment presents an excellent opportunity for an investor to acquire a desirable apartment building in the attractive USC submarket with strong value add upside. Find out more about this property. Request details here

Location

Address

2755 Raymond Avenue, Los Angeles, California 90007, United States

City

Los Angeles

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