2672 Redondo Blvd, Los Angeles, California 90016
  • $1,850,000

Overview

Property ID: SB25218622
  • Apartment, Residential Income
  • Property Type
  • 4.0
  • Garages
  • 4019 Sqft
  • Area Size
  • 1965
  • Year Built

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.

  • Address: 2672 S Redondo Boulevard
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90016
  • Country: US

Details

Updated on November 5, 2025 at 4:36 pm
  • Property ID SB25218622
  • Price $1,850,000
  • Property Size 4019 Sqft
  • Land Area 0.1102 Acres
  • Garages 4.0
  • Year Built 1965
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Suburban, Sidewalks, Urban

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