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
cash flow through rent growth.
The property is ideally located in West Adams, offering
convenient access to Downtown Los Angeles, University of
Southern California, and major transportation corridors
including Interstate 10 and Interstate 110, providing
connectivity to major employment, retail, and
entertainment destinations throughout Los Angeles.