2755 Raymond AVE, Los Angeles, CA 90007
2755 Raymond AVE, Los Angeles, CA 90007
2755 Raymond AVE, Los Angeles, CA 90007
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$2,750,000
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10,602 Sqft Lot
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2755 Raymond AVE Los Angeles, CA 90007

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Tiana Allen

Tiana Allen

+1(805) 320-5925

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26107294

HOA Y/N No

Year Built 1906

Lot Size 10,602 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning RD2-1-O-HPOZ

Interior

Fireplace No

Exterior

Total Parking Spaces 19

Building

Story 6

Others

Tax ID 5054009012

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Daniel Baird Sperry Van Ness #01249675

NEARBY SCHOOL & BUSINESS

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Tiana Allen

Tiana Allen

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