2744 S Redondo BoulevardLos Angeles, CA 90016

Multi-Family · 4,372 Sq. ft. | 0.11 Acres
$1,550,000 Active

2744 S Redondo Boulevard Overview

Time on Site:
61 days
Visits:
0

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.

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2744 S Redondo Boulevard Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,372
  • Price/Sq.ft. $355
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gross Income: 135166.0
  • Gross Scheduled Income: 135166.0
  • Insurance Expense: 4020.0
  • Net Operating Income: 94421.0
  • Operating Expense: 33988.0
  • Water Sewer Expense: 5200.0

Building Information

  • New Construction: No
  • Year Built: 1931

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C16 - Mid Los Angeles
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Park,Suburban

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae
  • Parcel Number: 5049025005
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Building Interior

  • Building Area Total: 4372.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Laundry Features: Inside
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.1103
  • Lot Size Area: 4804.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4804.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

2744 S Redondo Boulevard Neighborhood

Community

90016 (LOS ANGELES) Demographics

35
Median Age
12,765
Population Density (per sq. mile)
33%
College Educated
$49,958
Estimated Median Income
6,180
Estimated Total Home Owners
11,342
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2744 S Redondo Boulevard Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2744 S Redondo Boulevard Market Data

Based on the last 30 days in this zip code

$949,295
Average List Price
$715
Average Price per Square Foot
25
Properties Sold
81
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

2744 S Redondo Boulevard History

Date Event Value Agent
6/9/2026Source: CRMLS Price Reduction
$1,550,000 -1.6%
5/22/2026Source: CRMLS Price Reduction
$1,575,000 -1.3%
4/29/2026Source: CRMLS Added to Database
April 29, 2026
Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.Brandon Maghen- MLS# SB26092550MLS ProviderContact Information: 310-425-9838
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