Property details
Propery Type:
Apartments
Address:
2703 Raymond Ave Los Angeles, CA 90007
Offering Price:
$1,600,000
Units:
8
Cap Rate:
7.78%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group is pleased to present 2703 Raymond Avenue in Los Angeles, CA, a 10-unit apartment building ideally located near the University of Southern California. The property features a unit mix of eight studio units and two one-bedroom apartments, supported by 14 on-site parking spaces, a rare amenity for the submarket. Recent capital improvements include upgraded electrical, plumbing, and foundation, providing a solid operational base. With strong in-place income, potential for rent growth and operational efficiencies, and possible ADU development upside (buyer to verify), this asset offers a compelling opportunity in the supply-constrained West Adams neighborhood, where demand is driven by proximity to education, employment, and transit. For more information, please reach out.

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Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

2703 Raymond Ave

Los Angeles, CA
90007
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