2756 Raymond Avenue, Los Angeles, California 90007, Los Angeles, 90007 - 4 bed, 3 bath
ACTIVE$500,000
2756 Raymond Avenue, Los Angeles, California 90007
4Beds
3Baths
3,259Sqft
9,089Lot
Year Built
1906
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$153
HOA
-
Days on market
-
Sold On
-
MLS number
25610445
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $500.0K(18th), sqft - 3259(82th), beds - 4(45th), baths - 3(50th).
***FRACTIONAL INTEREST SALE PROBATE SALE***Only 50% ownership interest in the property is being sold. Property is sold AS IS, with no representations or warranties made by Seller. Seller has no knowledge of the property and limited financial information is available. Buyer to conduct all investigations and due diligence. Court confirmation may be required.
Price History
Date
Event
Price
11/21/25
Listing
$500,000
Condition Rating
Poor
Built in 1906, this property is over a century old and is being sold 'AS IS' with no seller knowledge, strongly indicating extensive deferred maintenance. The single exterior image reveals severe neglect, including a worn and potentially damaged roof, peeling paint, and dilapidated siding. The cluttered porch further suggests a lack of upkeep. Without interior photos, it's highly probable that the kitchen, bathrooms, and all major systems (plumbing, electrical, HVAC) are outdated, non-functional, or in need of substantial repair, making the property unsafe or very uncomfortable to live in its current state. It requires significant rehabilitation.
Pros & Cons
Pros
Desirable Los Angeles Location: Situated in Mid Los Angeles (MLS Area C16), a well-established and sought-after urban neighborhood, offering convenience and potential for appreciation.
Substantial Property Size: The property boasts a generous 3259 sqft of living space and a large 9089 sqft lot, providing ample room for residents and potential outdoor amenities.
Functional Bedroom/Bathroom Count: With 4 bedrooms and 3 bathrooms, the property offers a highly desirable configuration suitable for families or those requiring multiple living spaces.
Historic Architectural Appeal: Built in 1906, the residence possesses inherent historic charm and architectural character, appealing to buyers interested in restoration and period details.
Unique Investment Entry Point: The $500,000 list price for a 50% fractional interest could represent a relatively accessible entry into a large Los Angeles property, offering potential for future appreciation or full ownership.
Cons
Fractional Ownership & Complexity: The sale of only a 50% ownership interest introduces significant challenges related to co-ownership, financing, decision-making, and future liquidity or resale.
Probate & 'As-Is' Condition: As a probate sale sold 'AS IS' with no seller knowledge or warranties, there is a high likelihood of unknown defects, deferred maintenance, and substantial renovation expenses.
Court Confirmation Requirement: The transaction is subject to court confirmation, which can lead to extended timelines, legal complexities, and uncertainty in closing the deal.