$1,575,000
$1,550,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2744 S Redondo BLVD Los Angeles, CA 90016
4,804 Sqft Lot
Key Details
Sold Price $1,575,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26092550
Sold Date 08/18/26
HOA Y/N No
Year Built 1931
Lot Size 4,804 Sqft
Property Sub-Type Apartment
Property Description
2744 S Redondo Boulevard presents an opportunity to
acquire a well-located 4-unit multifamily property in the
desirable West Adams neighborhood of Los Angeles. The
property features a highly desirable unit mix consisting of
(4) 3 bedroom/1 bath units, currently generating just over
$11,000 in monthly rental income.
Priced at $387,500 per unit and $354.53 per square foot,
the property provides investors with an opportunity to
acquire a large-unit asset in one of Los Angeles' most
sought-after rental submarkets. The property is currently
operating at a 6.11% cap rate with approximately 24%
rental upside, presenting meaningful potential to increase
cash flow through rent growth.
The property is ideally located in West Adams, offering
convenient access to Downtown Los Angeles, University of
Southern California, and major transportation corridors
including Interstate 10 and Interstate 110, providing
connectivity to major employment, retail, and
entertainment destinations throughout Los Angeles.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Park, Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5049025005
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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Bought with Laura Buffone Compass
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