$ 1,575,000
-
$1,575,000
Price -
12
Bed -
4
Bath -
4,372
SqFt
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About the Listing SB1310620 - SBMAGHBRA,Sbjacoaar
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.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
SB26092550
Year Built
1931
Total Square Footage
4,372
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 12
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5049025005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2744 S Redondo Boulevard Los Angeles, CA 90016
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