Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-09-18 08:12:02.000000. Listing information © 2025 Sandicor.
Asking Price: $1,850,000 |
2672 Redondo Blvd, Los Angeles CA 90016
Community: C16 - Mid Los Angeles
This Apartment property was built in 1965 and is priced at $1,850,000. Please see the additional details below.
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 $15,941 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 7.00% cap rate and 9.67 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.