2 months on rocket

2721 Raymond Ave, Los Angeles, CA, 90007

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2721 Raymond Ave, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1923
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewCity Lights, Neighborhood
MLS #DW24181579
Lot Size0.15 Acres
StatusActive

About 2721 Raymond Ave

Charming Four-plex in Amenity-Rich Congress North, Los Angeles!!! Located in the vibrant Congress North neighborhood of Los Angeles, this well-maintained Four-plex is a fantastic opportunity for both investors and owner-occupants. The area is renowned for its abundance of amenities, with markets, coffee shops, and more just steps away. This multi-family property features four spacious one-bedroom units, each boasting original hardwood floors and large windows that flood the interiors with natural light. Tenants will appreciate the paved parking space and the property’s excellent upkeep. Positioned near the University of Southern California, this location offers exceptional convenience for students and faculty. The property is also just a short drive from the newly constructed SoFi Stadium and the Clippers Basketball Arena, making it a prime location for sports enthusiasts and entertainment seekers alike. Whether you’re looking to live in one unit and rent out the others, or fully capitalize on its rental potential, this property provides incredible flexibility and opportunity in one of LA’s most desirable and fast-growing neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Century 21 Masters
  • Office Phone: (562) 307-1056
  • Listing Agent: Yvette Geater

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Flooring Type: Laminate, Wood
  • Interior: Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Storage, All Bedrooms Up, All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: From 10 FWY W exit right to Hoover St and Vermont Ave make right on Normandie Ave. make left on W. Adams Blvd. make right on Raymond Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $2,354
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2721 Raymond Ave vs Los Angeles

76 DAYS ON ROCKET

+38 Days

$1,100,000

+$76.5K More

KEY TAKEAWAY

This property is $76.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24181579

Listing Office:

  • Office Name: Century 21 Masters
  • Office Phone: (562) 307-1056
  • Listing Agent: Yvette Geater

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,354$153,082
2020$2,295$151,513
2019$2,180$148,544
2018$2,142$145,633
2017$2,142$142,778

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-520888
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-520889
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-520890
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.41 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,423. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90007›2721 Raymond Ave

This home is located at 2721 Raymond Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This home, which was built in 1923, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $1,100,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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