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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.
Last Updated | 9/16/2025 | Year Built | 1965 |
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Community | C16 - Mid Los Angeles | Garage Spaces | 4.0 |
County | Los Angeles |
Additional Details
AREA | C16 - Mid Los Angeles |
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GARAGE | Yes |
LOT | 4800 sq ft |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
Location
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