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2743 S Redondo Blvd, Los Angeles, CA, 90016

6beds
4baths
3,068sqft
$1,350,000
$440price/sqft
$9,051/moest. monthly cost
$362,040/yrincome needed

About This Home

Mediterranean-style four unit property located in the highly desirable West Adams/iMid City neighborhood of Los Angeles. This well-maintained investment property features four residential units, including two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering a desirable unit mix for consistent tenant demand. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems with separate gas and electric meters as well a central heating. The grounds are enhanced by mature fig and pomegranate trees, adding charm and curb appeal. Ideally situated just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. This property provides excellent accessibility to major employment centers, dining, shopping, and entertainment. This Mid-City/West Adams four-unit asset presents an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and future rental upside in one of Los Angeles' most established and evolving neighborhoods. Whether expanding an investment portfolio or acquiring a value-add multifamily property in a proven rental market, this four unit property offers the location, fundamentals, and income potential to meet a wide range of investment objectives. The building next door at 2747 Redondo offers the same characteristics and same price..

Getting Around

81
WalkingVery Walkable
61
TransitGood Transit
75
BikeVery Bikeable

Schools

5/10
3/10
Audubon Middle SchoolGrades 6-82.2 mi

Construction

Condition

  • Year built: 1947

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total structure area: 3,068
  • Total interior livable area: 3,068 sqft

Property

Details

  • Parcel number: 5043014026
  • Zoning: LARD1.5
  • Special condition: Probate Listing
  • Other equipment: None

Features

  • Levels: One

Lot

  • Lot size: 4,800 sqft
  • Lot size dimensions: 40 x 120

Parking

  • Total spaces: 4
  • Parking features: Detached Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$181$2,172
Property Taxes $1,387$16,644
Electricity $657$7,894
Total$9,051$108,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$310,320/yr
40% on housing$271,530/yr
45% on housing$241,360/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$440This listing

vs Other Active Listings

Avg $/sqft

ZIP 90016$501
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90016$762
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$1,350,000
2025-04-09Listing removed$1,599,000
2025-01-08Listed for sale$1,599,000
2024-11-12Listing removed$1,599,000
2024-11-03Listed for sale$1,599,000
2019-11-06Sold$915,000
2019-09-11Pending sale$995,000
2019-05-07Listed for sale$995,000
2010-02-09Sold$300,000

For Sale by Agent

AgentKelly Myers
BrokerageCompass

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