Price Reduced Listing
2743 S Redondo Boulevard,Los Angeles, CA 90016
Los Angeles, CA 90016
Description
Mediterranean-style four unit property located in the highly desirable West Adams/iMid City neighborhood of Los Angeles. This well-maintained investment property features four residential units, including two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering a desirable unit mix for consistent tenant demand. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems with separate gas and electric meters as well a central heating. The grounds are enhanced by mature fig and pomegranate trees, adding charm and curb appeal. Ideally situated just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. This property provides excellent accessibility to major employment centers, dining, shopping, and entertainment. This Mid-City/West Adams four-unit asset presents an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and future rental upside in one of Los Angeles' most established and evolving neighborhoods. Whether expanding an investment portfolio or acquiring a value-add multifamily property in a proven rental market, this four unit property offers the location, fundamentals, and income potential to meet a wide range of investment objectives. The building next door at 2747 Redondo offers the same characteristics and same price..
Details
| MLS # | 26851773 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 78 |
| Listing Provided By | Compass | Kelly Myers |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,068 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.11 |
Interior
| Cooling | None |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Detached Carport |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90016) | |
Price: $1,250,000 low | high Med: $975,000 sqft: 3,068 low | high Med: 1,924 $ / sqft: $407 low | high Med: $507 On site: 78 low | high Med: 130 | |
Market Activity 90016
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90016) | |
Price: $1,250,000 low | high Med: $975,000 sqft: 3,068 low | high Med: 1,924 $ / sqft: $407 low | high Med: $507 On site: 78 low | high Med: 130 | |
