Los Angeles, CA 90016,2672 S Redondo Boulevard
Los Angeles, CA 90016,2672 S Redondo Boulevard
Los Angeles, CA 90016,2672 S Redondo Boulevard
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

Boyenga Team / Compass

+1(408) 373-1660
$1,850,000
Est. payment /mo
13 Beds
4,019 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,019 sqft

Price per Sqft $460

MLS Listing ID CRSB25218622

Bedrooms 13

HOA Y/N No

Year Built 1965

Lot Size 4,800 Sqft

Acres 0.11

Property Sub-Type OTHER

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 $16,165 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 7.14% cap rate and 9.54 GRM, the asset delivers strong in-place returns that are rarely available in today's 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

Interior

Fireplace No

Laundry No Hookups

Exterior

Exterior Feature Other

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5049020004


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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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