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2755 Raymond Ave Los Angeles, CA 90007
3 Beds
3 Baths
49,477 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 49,477 sqft
Price per Sqft $55
MLS Listing ID 26107294
Bedrooms 3
Year Built 1906
Lot Size 10,601 Sqft
Acres 0.2435
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 Mid Los Angeles
Zoning RD2-1-O-HPOZ
Exterior
Garage Spaces 19.0
Building
Story 6
Others
Special Listing Condition Standard
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Listed by Sperry Van Ness
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