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Sold for $1,000,000
  • Listed by: Century 21 Masters • Yvette Geater • Contact: 562-307-1056
    Bought with: Paul A. Kelly
    $1,000,000

    2721 Raymond Ave, Los Angeles, CA 90007

    4beds
    4baths
    3,684sqft
    Quadruplex
    Built in 1923
    -- sqft lot
    $990,400 Zestimate®
    $271/sqft
    $3,629 Estimated rent

    Home value

    $990,400

    $891,000 - $1.10M

    $3,629/mo

    Zestimate® history
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    What's special

    Large windowsNatural lightSpacious one-bedroom unitsOriginal hardwood floorsPaved parking spaceExcellent upkeep
    Charming Four-plex in Amenity-Rich Congress North, Los Angeles!!! Two units upstairs and downstairs bathrooms have been re-done 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Yvette Geater DRE #02074114 562-307-1056,

    Century 21 Masters

    Bought with:

    Paul Kelly, DRE #01448981

    Paul A. Kelly

    Source: CRMLS,MLS#: DW24181579MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom, Kitchen, Living Room
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range, Gas Water Heater, Refrigerator, Water Heater
    • Laundry: Inside
    Features
    • Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Storage, All Bedrooms Up, All Bedrooms Down
    • Flooring: Laminate, Wood
    • Doors: Insulated Doors
    • Windows: Drapes, Wood Frames
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,684
    • Total interior livable area: 3,684 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: West
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link,Good Condition
    • Has view: Yes
    • View description: City Lights, Neighborhood
    Lot
    • Size: 6,636 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5054009018
    • Zoning: LARD2
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Block, Drywall, Glass, Hardboard, Concrete, Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Park, Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Smoke Detector(s), Security Lights
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $165,696
    • Annual tax amount: $2,588
    • Date on market: 9/6/2024
    • Cumulative days on market: 227 days
    • Listing terms: Cash,Conventional
    • Total actual rent: 4
    • Tenant pays: Cable TV, Electricity, Gas, Telephone
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/2/2025Sold$1,000,000$271/sqft
    Source: CRMLS #DW24181579 Report a problem
    5/6/2025Pending sale$1,000,000$271/sqft
    Source: CRMLS #DW24181579 Report a problem
    4/1/2025Price change$1,000,000-2.4%$271/sqft
    Source: CRMLS #DW24181579 Report a problem
    2/6/2025Price change$1,025,000-6.8%$278/sqft
    Source: CRMLS #DW24181579 Report a problem
    9/6/2024Listed for sale$1,100,000+4221.5%$299/sqft
    Source: CRMLS #DW24181579 Report a problem
    5/17/2013Sold$25,454$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,588 +2.1%$165,696 +2%
    2024$2,534 +1.4%$162,448 +2%
    2023$2,499 +3.9%$159,264 +2%
    2022$2,405 +2.2%$156,142 +2%
    2021$2,354 -0.6%$153,082 +1%
    2020$2,369 $151,513 +2%
    2019$2,369 +8.7%$148,544 +2%
    2018$2,180 $145,633 +2%
    2017$2,180 +1.8%$142,778 +2%
    2016$2,142 +4.4%$139,980 +1.5%
    2015$2,052 -0.6%$137,878 +2%
    2014$2,063 $135,178 +2.5%
    2012-- $131,930 +2%
    2011-- $129,344 +0.8%
    2010-- $128,378 -0.2%
    2009-- $128,684 +2%
    2008-- $126,162 +2%
    2007-- $123,689 +2%
    2006-- $121,265
    2005-- $121,265 +4%
    2004-- $116,557 +1.9%
    2003-- $114,422 +2%
    2002-- $112,180 +4%
    2000-- $107,826
    Find assessor info on the county website

    Neighborhood: Adams-Normandie

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $990,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $990,400