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Keller Williams Estates
2755 Raymond Avenue, Los Angeles, CA 90007
- $2,750,000
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- 26107294
- Year Built
- 1906
- Lot Size
- 10,601
- Acres
- 0.24
- Days on Market
- 1
- Property Type
- Commercial
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.
Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 75
Listing courtesy of Listing Agent: Daniel Baird (richd@svn.com) from Listing Office: Sperry Van Ness.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.