2744 S Redondo Blvd, Los Angeles, CA, 90016
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Property Details
12
4
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 12 • Bathrooms: 4 • Square Feet: 4372 • Lot/Size: 4,804 sqft lot
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 $398,750 per unit and $364.82 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 5.90% cap rate with approximately 24% rental upside, presenting meaningful potential to increase cash flow through rent growth
Location
Address
2744 S Redondo Blvd, Los Angeles, CA, 90016
City
Los Angeles
Features and Finishes
Year Built: 1931; [object Object]; [object Object]; [object Object]
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