2220 Raymond AVE, Los Angeles, CA 90007 (MLS # PW26203876)

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PRICE $2,000,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,864 sqft
LOT SIZE 6,752 sqft

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, thisĀ 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.

DAYS ON MARKET 3 LAST UPDATED 9/18/2026
YEAR BUILT 1923 COMMUNITY C16 - Mid Los Angeles
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR ENERGY STAR Qualified Equipment
AIR CONDITIONING Yes
APPLIANCES Washer/Dryer Stacked
AREA C16 - Mid Los Angeles
EXTERIOR Balcony
FIREPLACE Yes
HEAT Wall Furnace
INTERIOR Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data
LOT 6752 sq ft
LOT DESCRIPTION Landscaped
LOT DIMENSIONS 6752
PARKING Unassigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION City Lights
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Major League Properties

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