2755 Raymond Ave , Los Angeles, CA 90007
$2,750,000
Est. Payment: $14,337.96/mo
49477 Sqft
0.24 Acres
Status: active | Days on site: 0
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CLW-X75252 - CLW-X60674
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House Description

2755 Raymond Ave presents a rare opportunity to develop a six-story, 100% affordable housing community in the heart of Los Angeles. The ED1 project includes 75 one-bedroom units. Zoning plan check was approved in April 2026, and the project is permit-ready, subject to final clearances (Buyer to pay permit fees). The property is currently vacant and ready for demolition, eliminating the time and cost of tenant relocation.The proposed building features all one-bedroom, one-bathroom units ranging from 394 to 452 SF, complemented by a 3,960 SF roof deck, sixth-floor resident lounge, fitness center, and secure bike parking. With ED1 approval and 40,325 SF of approved floor area (6.6:1 FAR), the project offers a streamlined path to delivery for investors and developers focused on affordable housing in a high-demand, supply-constrained market.

Highlights

Listed by Daniel Baird , 818-606-0244 Sperry Van Ness , 310-979-0800. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1906

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26107294

Questions about this listing?

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:19
Zoning:RD2-1-O-HPOZ
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$14,338
Taxes
$1,753

Home Price

$2,750,000

Loan Details

30 yrs
6.797%

Down Payment

20%
$550,000
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:
$14,337.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,337.96 $1,753.13 $0.00 $16,091.08
Yearly $172,055.50 $21,037.50 $0.00 $193,093.00
Total $5,161,664.90 $631,125.00 $0.00 $5,792,789.90

Today's Rates

30 Year

6.8%

20 Year

6.7%

15 Year

6.41%

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Current Listings

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Nov 2026

Average Price

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Average Days on Market

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Nov 2026
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: 2026-11-10T01:36:50.000Z

© 2026 CRMLS/Multi-Regional MLS

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