We are pleased to present the opportunity to acquire this 6,618 SF lot Student Housing Development opportunity located at 3105 Raymond Avenue, a couple of blocks away from the University of Southern California (USC). The site offers a zoning ordinance of (q)LAR3, which allows for the construction of 5 units by right + ADU's. There is a single family residence currently on the lot, which will be delivered 100% vacant. In addition, the seller has taken the homeowners exemption for the last 5 years on their property tax bill which will be provided upon acceptance of offer. The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment.
Sold for $1,025,000
Tax assessed value
$1,025,000
3105 Raymond Ave, Los Angeles, CA 90007
3beds
1,320sqft
Residential
Built in 1980
6,621 Square Feet Lot
$1,107,700 Zestimate®
$777/sqft
$3,312 Estimated rent
Home value
$1,107,700
$986,000 - $1.25M
$3,312/mo
Zestimate® history
Owner options
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$3,312/mo
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$3,312/mo
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$6,509/mo
Est. payment
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$6,509/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Adam Shamooelian DRE # 02116849 310-658-2668,
Keller Williams Beverly Hills 310-432-6400
Bought with:
Adam Shamooelian, DRE # 02116849
Keller Williams Beverly Hills
Source: CLAW,MLS#: 24-428799
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Other
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Flooring: Other
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Property
Parking
- Parking features: Other
Features
- Levels: One
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Other
Lot
- Size: 6,621 Square Feet
- Dimensions: 40 x 130
Details
- Additional structures: Other
- Parcel number: 5040002023
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential
- Attached to another structure: Yes
Condition
- Year built: 1980
Community & HOA
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $777/sqft
- Tax assessed value: $1,025,000
- Annual tax amount: $12,497
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $1,025,000$777/sqft |
Source:  CLAW #24-428799 Report a problem | ||
| 8/16/2024 | Pending sale | $1,025,000$777/sqft |
Source: CLAW #24-428799 Report a problem | ||
| 8/16/2024 | Listed for sale | $1,025,000$777/sqft |
Source: CLAW #24-428799 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,497 +413.2% | $1,025,000 +455.7% |
| 2024 | $2,435 +1.7% | $184,455 +2% |
| 2023 | $2,395 +4.4% | $180,840 +2% |
| 2022 | $2,294 +1.7% | $177,295 +2% |
| 2021 | $2,257 -0.8% | $173,819 +1% |
| 2020 | $2,275 | $172,037 +2% |
| 2019 | $2,275 +7.8% | $168,665 +2% |
| 2018 | $2,110 | $165,359 +2% |
| 2017 | $2,110 +2.1% | $162,118 +2% |
| 2016 | $2,067 +3% | $158,940 +1.5% |
| 2015 | $2,007 +0.6% | $156,554 +2% |
| 2014 | $1,995 | $153,488 +2.5% |
| 2012 | -- | $149,801 +2% |
| 2011 | -- | $146,864 +0.8% |
| 2010 | -- | $145,768 -0.2% |
| 2009 | -- | $146,116 +2% |
| 2008 | -- | $143,252 +2% |
| 2007 | -- | $140,444 +2% |
| 2006 | -- | $137,691 |
| 2005 | -- | $137,691 +4% |
| 2004 | -- | $132,346 +1.9% |
| 2003 | -- | $129,921 +2% |
| 2002 | -- | $127,375 +4% |
| 2000 | -- | $122,431 |
Find assessor info on the county website
Neighborhood: Adams-Normandie
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Nearby schools
GreatSchools rating
- 4/10John W. Mack Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Foshay Learning CenterGrades: K-12Distance: 0.7 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,107,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,107,700
- California
- Los Angeles County
- Los Angeles
- 90007
- Adams-Normandie
- 3105 Raymond Ave
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