For sale
  • Listing Provided by: 

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.,

    Brandon Maghen DRE #02250000 310-409-3908,

    Lyon Stahl Investment Real Estate, Inc.

    $1,850,000

    2672 S Redondo Blvd, Los Angeles, CA 90016

    28beds
    12baths
    4,019sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $1,835,800 Zestimate®
    $460/sqft
    $-- HOA

    What's special

    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 $16,165 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 7.14% cap rate and 9.54 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.
    27 days
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    225
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    9
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