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.
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
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
2744 S Redondo Boulevard Market Data
Based on the last 30 days in this zip code
2744 S Redondo Boulevard History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: CRMLS | $1,550,000 -1.6% |
|
| 5/22/2026Source: CRMLS | $1,575,000 -1.3% |
|
| 4/29/2026Source: CRMLS | April 29, 2026 |
Contact Information: 310-425-9838