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1700 S Redondo Boulevard
Los Angeles CA 90019 US

$3,350,000

Active Under Contract Listing ID BB24042309
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17 bed
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14.00 Bath (13 Full Bath , 1 Half Bath)
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Lot: 8,048.00 Square Feet
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Quadruplex

$3,350,000

Active Under Contract Listing ID BB24042309
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1700 S Redondo Boulevard The 2-4 Unit Specialists are pleased to present 1700 S Redondo Blvd, a massive, architecturally striking brand new construction fourplex in prime Mid-City! This highly elevated, multi-dimensional "double duplex" was constructed with ample steel, making it more structurally sound than your everyday fourplex. With huge rooftop decks with awe-inspiring views of Los Angeles, the nicest curb appeal in Mid-City, an unbeatable unit mix of two 5 beds, one 4 bed and one 3 bed, and designer finishes, we project an outstanding 5.65% cap rate. In addition to the high return and top-tier construction, it's also important to note that the property falls in an opportunity zone- a major tax benefit to buyers (consult with your CPA). The property boasts separate meters for all utilities, minimal expenses, and a 1-year builder’s warranty! 1700 S Redondo is situated 3 minutes from the convenient Midtown Shopping Center (Target, Sprouts, Five Guys, & more) and 10 minutes from Culver City and the countless local hotspots and conveniences in the area, including the trendy Helms Bakery District! This neighborhood has rapidly transformed into the hottest rental market in Los Angeles, with several of the most exciting mixed-use developments a short drive from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Platform, and the Cumulus District (Whole Foods). Thanks to the huge supply of entertainment, tech and creative jobs in Mid-City, 1700 S Redondo will attract high quality professional tenants. Cap rates haven’t been this high for several years- now is your time to lock up unheard of good deals! There is no safer investment than Los Angeles new construction multi-family.

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Property Features

  • Facts
  • Lot Size: 8,048.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 13
  • 1/2 Bathrooms: 1
  • Exterior Finish: Community Features Included: Curbs, Sidewalks, Landscaped
  • Floor Covering: Vinyl
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 3350000
  • unparsedaddress: 1700 S Redondo Boulevard
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90019
  • bathroomsfull: 13
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.18475665748393
  • lotsizeunits: Square Feet
  • lotsizearea: 8048
  • livingarea: 7504
  • livingareaunits: Square Feet
  • latitude: 34.044099
  • longitude: -118.350372
  • listagentfullname: Elizabeth Maddox
  • listagentemail: elizabeth@myunits.com
  • listagentkey: 3yd-MRMLSCA-BB41810
  • listagentmlsid: BB41810
  • listagentpreferredphone: 8188508485
  • listagentofficephone: 8188597242
  • listofficekey: 3yd-MRMLSCA-BH5345657
  • listagentstatelicense: 01921425
  • listofficemlsid: BH5345657
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2024
  • listingcontractdate: 2024-03-04
  • listagenturl: https://www.twotofour.com/buy
  • countyorparish: Los Angeles
  • parcelnumber: 5067002050
  • appliances: Dishwasher, Freezer, Range, Range - Gas, Refrigerator, Washer
  • flooring: Vinyl
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 8
  • waterfrontyn: False
  • interiorfeatures: Balcony, Living Room Balcony
  • exteriorfeatures: Community Features Included: Curbs, Sidewalks, Landscaped
  • architecturalstyle: Modern
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.350372, 34.044099
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Listing Changed: 4/26/2024 6:45:54 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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