2744 S Redondo BLD, Los Angeles, CA 90016
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2744 S Redondo BLD, Los Angeles, CA 90016
2744 S Redondo BLD, Los Angeles, CA 90016
2744 S Redondo BLD, Los Angeles, CA 90016
2744 S Redondo BLD, Los Angeles, CA 90016
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Listed by Brandon Maghen, DRE #02250000 • Lyon Stahl Investment Real Estate, Inc.
$ 1,550,000
Est. payment /mo
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Price Dropped by $25K

2744 S Redondo BLD Los Angeles, CA 90016

4,804 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26092550

Year Built 1931

Lot Size 4,804 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

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

Laundry Other

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 5049025005

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
E3 Realty
E3 Realty

Broker | DRE# 01726225

+1(925) 603-3615 | contact@e3realty.com

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2744 S Redondo BLD