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Sold for $1,775,000 · Nov 2025

SOLD

Listed at $1,850,000

Sold

2672 S Redondo Boulevard, Los Angeles, CA 90016

Los Angeles, CA

MLS# SB25218622

4,019 Sq Ft • Apartment
38 days on market

Listing Agent

Aaron Jacobson

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02100737

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,019 sqft

Square Feet

1965

Year Built

4,800 sqft

Lot Size

$442

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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 $16,165 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 7.14% cap rate and 9.54 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.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history for 2672 S Redondo Boulevard

2 recorded sales

$1,775,000
Sold November 2025 · listed $1,850,000, on market September 2025, 38 days on market · MLS #SB25218622 · Source: CRMLS
Listing Agent: Aaron Jacobson · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-729-1559 · Bought with: Mojan Shah · Re/Max One
$1,165,000
Sold December 2019 · listed $1,049,000, orig. $999,000, on market September 2018, 119 days on market · MLS #SB18233270 · Source: CRMLS
Listing Agent: Ken Conant · Listing Office: Re/Max Estate Properties · Contact: 310-378-9889 · Bought with: Brian Swope · Re/Max Estate Properties

How this sale compares

2672 S Redondo Boulevard sold for $1,775,000 in November 2025, 4.1% under its $1,850,000 list price, after 38 days on the market. Across 128 closed sales in 90016 over the last 12 months, the median sold price is $999,950 and the median is $653 per square foot.

$653
90016 median per sq ft (12 mo)
$999,950
90016 median sold price (12 mo)
128
Closed sales in 90016 (12 mo)
38
Days on market
−4.1%
Sold vs. list price
QuarterClosed sales in 90016Median sold price
Q1 20268$1,045,000
Q2 202667$950,000
Q3 202646$1,015,005
Q4 20267$1,163,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90016

Recent sales near 2672 S Redondo Boulevard

Closed sales reported in 90016, nearest first, last 12 months. All recent sales in Los Angeles →

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