2744 S Redondo Blvd, Los Angeles, CA 90016

Description

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 $387,500 per unit and $354.53 per square 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 6.11% cap rate with approximately 24%
rental upside, presenting meaningful potential to increase
ca...