2220 Raymond , Los Angeles, CA 90007
$2,000,000
Est. Payment: $10,681.40/mo
8 Bed
4 Bath
4864 Sqft
Status: Active | Days on site: 1
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PB20433 - PWVALJAS
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House Description

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION 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.

Highlights

Listed by Jason Vallejo , 562-217-3369 Major League Properties , 714-412-1982. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1923

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

PW26203876

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:ENERGY STAR Qualified Equipment
Fireplaces:Living Room
Floor:Laminate,Wood
Other:
  • Additional:Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data
Water:Public

Exterior Features

Lot:Landscaped,Street Level,No Land Lease
Garage Capacity:10
Others:
  • Additional:Turnkey, Copper Plumbing, 2+ Total Units
Sewer:Public Sewer
Parking Features:Unassigned
Principal Interest
$10,681
Taxes
$1,275

Home Price

$2,000,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,681.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,681.40 $1,275.00 $0.00 $11,956.40
Yearly $128,176.80 $15,300.00 $0.00 $143,476.80
Total $3,845,303.93 $459,000.00 $0.00 $4,304,303.93

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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