3105 Raymond Avenue

Los Angeles, CA 90007

$1,025,000

Sold Price
3

bed Beds

2

shower Baths

1,320 sqft

straighten / sqft

1980

calendar_month Built

Property Description

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.

Listing Information

Close Price $1,025,000
Close Date Monday, August 19th, 2024
Status Closed
MLS 24428799
Type Residential
Subtype Single Family Residence
Year Built 1980
Lot Size 6,620
Structure Size 1,320
Courtesy Of Keller Williams Beverly Hills
Listing Agent Adam Shamooelian DRE#02116849

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2

Exterior Information

Maps

Listing information courtesy of: Adam Shamooelian, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 23rd, 2024 at 8:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.