Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,068 sqft

Lot size

4,802 sqft

Year built

1947

Stories

0

Heating

Central

Cooling

None

Status

Active

Days on market

72

MLS #

244209504

About this property

Mediterranean-style four unit property located in the highly desirable West Adams/iMid City neighborhood of Los Angeles. This well-maintained investment property features four residential units, including two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering a desirable unit mix for consistent tenant demand. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems with separate gas and electric meters as well a central heating. The grounds are enhanced by mature fig and pomegranate trees, adding charm and curb appeal. Ideally situated just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. This property provides excellent accessibility to major employment centers, dining, shopping, and entertainment. This Mid-City/West Adams four-unit asset presents an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and future rental upside in one of Los Angeles' most established and evolving neighborhoods. Whether expanding an investment portfolio or acquiring a value-add multifamily property in a proven rental market, this four unit property offers the location, fundamentals, and income potential to meet a wide range of investment objectives. The building next door at 2747 Redondo offers the same characteristics and same price..

Location

2743 S Redondo Boulevard

Los Angeles, Los Angeles, CA, 90016