This Multifamily Property is no longer advertised on LoopNet.com.

1700 S Redondo Blvd
Los Angeles, CA 90019
MASSIVE 2024 LUXURY OZ FOURPLEX IN MID-CITY! · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Outstanding projected cap rate of 5.65%! Cash cow.
  • MASSIVE units (7,504 livable square feet) with premium floorplans.
  • Boasts ultra-high-end finishes and top-tier construction. This is not your typical fourplex!
  • Opportunity zone- major tax benefits (consult with your CPA).
  • Multi-dimensional, architecturally impressive exterior. The best curb appeal you'll find on a new construction fourplex!
  • Built with steel (very rare and much more costly than wood), this property's construction quality is impressive.

Property Facts

No. Units 4
Property Type Multifamily
Apartment Style Mid-Rise
Lot Size 0.18 AC
Building Size 7,504 SF
Average Occupancy 0%
No. Stories 3
Year Built 2024
Parking Ratio 1.07/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Deck
  • Handrails
  • Patio
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+4 2 $6,250 2,051
4+3 1 $4,700 2,000
3+2.5 1 $4,000 1,403

Property Taxes

Property Taxes

Parcel Number
5067-002-050
Land Assessment
$2,040,000
Improvements Assessment
$1,224,000
Total Assessment
$3,264,000
  • Listing ID: 30902698

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 1700 S Redondo Blvd, Los Angeles, CA 90019

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