2743 South Redondo Boulevard

Los Angeles, CA 90016

$1,599,000
Price
6
Beds
4
Baths
3,068 Sq. Ft.
$521 / Sq. Ft.
3,068
Sq. Ft.
$521
per Sq. Ft.

Description

Welcome to 2743 S Redondo, a 4 unit multifamily property located in the highly sought after Mid-City/West Adams neighborhood of Los Angeles City. There are 2-1 bedroom units and 2-2 bedroom units along with parking for each unit. This property is conveniently located at the center point of Century City and Downtown LA, and walking distance to the trendy West Adams district with lots of eateries/restaurants and shops. Not to mention the close proximity of the Miracle Mile and Fairfax District which...Welcome to 2743 S Redondo, a 4 unit multifamily property located in the highly sought after Mid-City/West Adams neighborhood of Los Angeles City. There are 2-1 bedroom units and 2-2 bedroom units along with parking for each unit. This property is conveniently located at the center point of Century City and Downtown LA, and walking distance to the trendy West Adams district with lots of eateries/restaurants and shops. Not to mention the close proximity of the Miracle Mile and Fairfax District which includes the Grove, LACMA( Los Angeles County Museum). Location, Location!! Bring out your savvy investors, developers or anyone who is interested in having an additional revenue stream. Seller is motivated. There is an additional building at 2747 Redondo that is exactly the same being offered for the same price. An opportunity to own two 4 unit properties in a trendy community that is transforming rapidly!

Listing Agent

  1. Kelly Myers

    Kelly Myers

    Listing Agent

    Compass

    DRE #01492040

    kelly.myers@compass.com

    P: (626)-676-5778

Property Details for 2743 South Redondo Boulevard

Zoning
LARD1.5
Parcel Number
5043014026
Total Units
4.0
Living Area
3068
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
none
Lot Size Area
4802
LISTING UPDATED: 11/12/2024 03:59 AM

Property Details for 2743 South Redondo Boulevard

StatusActive
MLS #24-458287
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.11 AC / 4,802 SF
CountyLos Angeles County
Buyer's Agent Compensation2%

Building Information for 2743 South Redondo Boulevard

Stories-Residences-Year Built1947Building Size-Lot Size0.11 AC / 4,802 SF

Property Information for 2743 South Redondo Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: garden
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $68,159
  • Net Operating Income: $112,325.00
  • Gross Income: $68,159
  • Cap Rate: 7.02%
  • Gross Rent Multiplier: $24.00
  • Actual Annual Gross Rent: $68,159.00
  • Actual Gross Annual Income: $0
  • Total Annual Expense: 15075
  • Trash Expense: $600.00
  • Tax Expense: $11,473
  • Gardener Expense: $720
  • Insurance Expense: $2,282
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1102
  • Lot Size Square Feet: 4802
  • Lot Size Dimensions: 40x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 4
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-03-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,643.00
  • Unit Actual Rent: $1,643.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,391.00
  • Unit Actual Rent: $1,391.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $797.00
  • Unit Actual Rent: $797.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,412.00
  • Unit Actual Rent: $1,412.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $241,769.00
  • Assessed Improvement Percent: 25.14
  • Assessed Land Value: $720,055.00
  • Assessed Land Percent: 74.86
  • Assessed Total Value: $961,824.00

Property History for 2743 South Redondo Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2743 South Redondo Boulevard

Taxable ValueLand$612,000Additions$316,200Total$928,200
Tax Record2024$11,617 ($968 / month)
Home Facts
Total Finished SqFt3,068 SqFtAbove Grade Finished SqFt3,068 SqFtLot Size4,800 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5043-014-026

Schools near 2743 South Redondo Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Cienega Elementary School
PublicK to 5

New Los Angeles Charter School
Charter6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

Stella Elementary Charter Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2743 South Redondo Boulevard is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on November 3, 2024 by Compass, it's currently listed at $1,599,000. It has been on the market for a total of 19 days and was last sold on October 28, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Cienega Elementary School, New Los Angeles Charter School and Susan Miller Dorsey Senior High School. 2743 South Redondo Boulevard is a 6-bed, 4-bath, 3,068 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kelly Myers, DRE #01492040

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.