2744 S Redondo BLVD, Los Angeles, CA 90016
2744 S Redondo BLVD, Los Angeles, CA 90016
2744 S Redondo BLVD, Los Angeles, CA 90016
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,575,000
Est. payment /mo
4,804 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26092550

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 $393,750 per unit and $360.25 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
5.99% 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

Special Listing Condition Standard

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Listed by Brandon Maghen Lyon Stahl Investment Real Estate, Inc. 310-409-3908, DRE #02250000

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