Property listed by Lyon Stahl Investment Real Estate, Inc., Brandon Maghen 310-409-3908
$1,595,000
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 $398,750 per unit and $364.82 per square… Read More 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
5.90% 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. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.11 Acres
Year Built
1931
MLS Number
SB26092550
Additional Details
Building
Built in 1931, 1 building, 2 stories, Entry level: 1, Entry location: Front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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