2672 Redondo Blvd new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25218622
Bedrooms 10
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
2672 Redondo Blvd is a fully stabilized 5-unit multifamily investment (4 units + 1 ADU) located in the heart of Los Angeles. The property may qualify for special financing with just 10% down and no mortgage insurance please contact Lionel Sabbah at GreenDay Mortgage for details. The property generates $15,941 in monthly gross income through Section 8 guaranteed rents, providing investors with reliable and predictable cash flow. The desirable unit mix includes (3) three-bed/one-bath units, (1) four-bed/two-bath unit, and (1) one-bed/one-bath ADU across 4,019 SF of improvements. All units are clean and well maintained, minimizing upfront capital requirements. With a 7.00% cap rate and 9.67 GRM, the asset delivers strong in-place returns that are rarely available in todays Los Angeles market. Positioned in a central, high-demand rental pocket, 2672 Redondo Blvd offers investors a rare opportunity to acquire a stabilized, cash-flowing property with long-term upside potential in both income growth and appreciation.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Adams Blvd and South of Jefferson Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5049020004