2808 S Redondo Boulevard, Los Angeles, CA 90016

About this property

Brand new 4 units in the Opportunity zone. All units are 3 story townhouse style with 2 car enclosed side by side garages. The property is separately metered for Water, gas and Electricity. All units have central air condition and heating. The units are equipped with Stainless steel refrigerator, Microwave hood, Dish washer and Stove. The property is located with in a bike ride from metro rail, Normandie Bakery, 3 minutes from Culver Steps, Ivy Station and upcoming Cumulus project. More Importantly property offers a very generous Cap rate of 6.16 for a savvy investor based on reasonable projected rents. It is hard to find a new building this close to Culver City with impressive mix of all 4br 4ba units. The property is fenced with an automatic gate to enter in to the property. The seller have made the back yard an oasis with outdoor furniture, fruit trees and vegetable planter boxes for your clients enjoyment or work from your back yard. Subject to cancellation of current escrow.

Listing description from the February 2021 sale, as reported to CRMLS.

Sale history

$2,645,000

Sold February 2021 · listed $2,899,000, on market October 2020 · MLS #20644338 · Source: CRMLS

Listing Agent: Suminda Sellahewa · Listing Office: Avarnka Real Estate, Inc. · Contact: 310-621-1563 · Bought with: Christopher Newell · Berkshire Hathaway HomeServices California

$679,000

Sold October 2017 · listed $699,000, on market August 2017 · MLS #DW17176310 · Source: CRMLS

Listing Agent: Tomas Briseno · Listing Office: Century 21 A Better Service · Contact: 562-806-1000 · Bought with: Suminda Sellahewa · L and M Estates, Inc.

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