2672 Redondo Blvd, Los Angeles, California 90016
- $1,850,000
- $1,850,000
Overview
- Apartment, Residential Income
- 4.0
- 4019 Sqft
- 1965
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
Open on Google Maps-
Address: 2672 S Redondo Boulevard
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90016
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Country: US
Details
Updated on November 5, 2025 at 4:36 pm-
Property ID SB25218622
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Price $1,850,000
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Property Size 4019 Sqft
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Land Area 0.1102 Acres
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Garages 4.0
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Year Built 1965
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs, Suburban, Sidewalks, Urban
Mortgage Calculator
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