2230 S Redondo Boulevard, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
2230 S Redondo Boulevard,Los Angeles, CA 90016
$1,875,000
- 9 Beds
- 4 Baths
- 3,864 sq. ft.
- Multi-family
- Active
Listed by:colt maloney
Office:figure 8 realty
MLS#:25569237
Source:CRMLS
Price summary
- Price:$1,875,000
- Price per sq. ft.:$485.25
About this home
Privately tucked behind mature hedges in the heart of Mid-City, this beautifully updated 4-unit income property presents a rare opportunity to invest in one of LA's most rapidly evolving neighborhoods, just minutes from Culver City. All four units have been thoughtfully renovated in recent years, blending a clean, contemporary aesthetic with the charm of the original architecture. The fully updated building features three spacious 2-bedroom/1-bath units and one oversized 3-bedroom/2-bath unit with sweeping views from multiple angles. Each unit is filled with natural light, and the interiors are well-maintained making this a true turn-key opportunity for investors or potential owner-users. With over 4,400 square feet of living space on a 7,200-square-foot lot, the property also offers excellent potential for expansion or the addition of ADUs (buyer to verify feasibility with the city). All units are currently leased at near-market rents to reliable tenants, currently producing a solid 5.1% cap rate. With an addition of an ADU the property fully optimized is projected at 6.7 % Cap rate. The gated property offers both privacy and convenience, with tall hedges, one off-street parking space per unit, and ample street parking. Ideally located close to the Expo Line, downtown Culver City, and neighborhood hotspots like Helms Bakery, Alta Adams, Vicky's All Day, Chulita, Cento, and Mizlala. An exceptional, income-generating asset in a high-demand central location.
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Home facts
- Year built:1965
- Listing ID #:25569237
- Added:71 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Living area:3,864 sq. ft.
Heating and cooling
- Heating:Electric, Radiant
Structure and exterior
- Year built:1965
- Building area:3,864 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,875,000
- Price per sq. ft.:$485.25
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