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1837-1841 S Redondo Blvd
Los Angeles, CA 90019
PRICE REDUCED by over $250k! 16U Near Miracle · Multifamily Property For Sale
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16 Units
Investment Highlights
- PRICE JUST REDUCED by Over $250k!!! Attractive 3.9% cap rate; under $375k per unit; Unit mix of 6 two bedrooms and 10 one bedrooms
- PROPERTY WEBSITE: https://charming16.berkadiarea.com/
- Opportunity to obtain a new loan and capitalize on current low interest rates
- Charming renovated property surrounded by high end development; Units beautifully renovated with W/D (all except four)
- 16 courtyard style apartment units on two separate lots totaling 15,436 sf; Two 8-Unit Bldgs (on two separate, legal parcels w/two APN numbers
- Minutes to trendy shopping, eateries and entertainment, including The Grove, Larchmont, and the Beverly Center
Property Facts
| No. Units | 16 | Building Size | 12,155 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1950/2018 |
| Building Class | B | Parking Ratio | 0.99/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 12,155 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2018 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,453,231 | |
| Land Assessment | $3,982,398 | Total Assessment | $5,435,629 |
Property Taxes
Parcel Numbers
Land Assessment
$3,982,398
Improvements Assessment
$1,453,231
Total Assessment
$5,435,629
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