2672 S Redondo Boulevard, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2672 S Redondo Boulevard,Los Angeles, CA 90016
$1,850,000
- 13 Beds
- - Baths
- 4,019 sq. ft.
- Multi-family
- Active
Listed by:aaron jacobson
Office:datashare cr default office don't delete
MLS#:CRSB25218622
Source:CA_BRIDGEMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$460.31
About this home
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 $15,941 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 7.00% cap rate and 9.67 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.
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Home facts
- Year built:1965
- Listing ID #:CRSB25218622
- Added:12 day(s) ago
- Updated:September 29, 2025 at 06:51 PM
Rooms and interior
- Bedrooms:13
- Living area:4,019 sq. ft.
Structure and exterior
- Year built:1965
- Building area:4,019 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$460.31
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