Pending

1700 S Redondo BLVD

LOS ANGELES CA, 90019

$3,350,000


$446.43 per sqft

Pending

17 Beds

14 Baths

7,504 sqft

Residential

Built in 2024

1700 S Redondo Blvd is 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 5.85% 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.

BB24042309MR

MLS ID

March 4, 2024

Listed

May 9, 2024

Updated

Map

1700 S Redondo BLVD
LOS ANGELES CA, 90019

Interior Features

Total Stories

3


Bedrooms

17


Total Bathrooms

14


Appliances

Dishwasher, Dryer, Dryer Included, Freezer, Inside, Refrigerator, Washer, Washer Included


Laundry Description

Dryer, Dryer Included, Inside, Washer, Washer Included


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Architectual Style

Modern


Sewer

Public Sewer

Other Property Details

Area Name

Mid Los Angeles


Taxes

$41,367


Tax Frequency

Annually


Days on Market

44


Garage

Yes


Garage Spaces

4


Parking Total

8


View

Yes


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listing History

Date

Event

Price

4/26/2024

Pending

4/15/2024

Price Change

$3,350,000

-3%

4/8/2024

Price Change

$3,449,000

-3%

Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Debbie Weiss shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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