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Property Description

Privately tucked behind mature hedges in the heart of Mid-City, this beautifully updated 4-unit income property presents a rare opportunity to invest in one of LA’s most rapidly evolving neighborhoods, just minutes from Culver City. All four units have been thoughtfully renovated in recent years, blending a clean, contemporary aesthetic with the charm of the original architecture. The fully updated building features three spacious 2-bedroom/1-bath units and one oversized 3-bedroom/2-bath unit with sweeping views from multiple angles. Each unit is filled with natural light, and the interiors are well-maintained making this a true turn-key opportunity for investors or potential owner-users. With over 4,400 square feet of living space on a 7,200-square-foot lot, the property also offers excellent potential for expansion or the addition of ADUs (buyer to verify feasibility with the city). All units are currently leased at near-market rents to reliable tenants, currently producing a solid 5.1% cap rate. With an addition of an ADU the property fully optimized is projected at 6.7 % Cap rate. The gated property offers both privacy and convenience, with tall hedges, one off-street parking space per unit, and ample street parking. Ideally located close to the Expo Line, downtown Culver City, and neighborhood hotspots like Helms Bakery, Alta Adams, Vicky’s All Day, Chulita, Cento, and Mizlala. An exceptional, income-generating asset in a high-demand central location.

Features
: electric, Radiant
2
: Dryer Included, Washer Included, Community
0
Additional Information
Figure 8 Realty
0
CLW-C116861
CLW-X77482
Colt
5062009008
: Standard
Two
32

Multi-Family For Sale

2230 Redondo Boulevard, Los Angeles, California 90016

3,864 Sqft
$1,875,000
Listing ID #25569237
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25569237
Price : $1,875,000
Living Area : 3,864 Sqft
Lot Size : 4,798 Sqft
Year Built : 1965
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90016
Price Per Square Foot : $485
ModificationTimestamp : 2025-07-31 05:21:19
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