$2,750,000

2755 Raymond Avenue, Los Angeles CA, 90007

Price per sqft$55.58

Built in1906

Property size49,477 sqft

Property typeCommercial

Listed by Daniel Baird CA DRE# 01249675 with Sperry Van Ness 818-606-0244

Overview

Active

Listed Nov 9, 2026

Updated 4 days ago

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.

Additional information

MLS^® ID: 26107294

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.24 Acres

Listed by Daniel Baird CA DRE# 01249675 with Sperry Van Ness 818-606-0244

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/10/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/10/2026 at 5:39 AM UTC Last Checked: 5:39 AM UTC