1700 South Redondo Boulevard

1700 South Redondo Boulevard

Los Angeles, CA 90019

$3,350,000
Price
17
Beds
14
Baths
7,504 Sq. Ft.
$446 / Sq. Ft.
7,504
Sq. Ft.
$446
per Sq. Ft.

Pending

Pending

a kitchen with stainless steel appliances granite countertop a stove a sink dishwasher a refrigerator and white cabinets with wooden floor
a bathroom with a sink a toilet and shower
a view of a city
an aerial view of a house with a garden
a view of a balcony with wooden floor
a view of balcony with wooden floor and fence
a backyard of a house with lots of green space
a view of kitchen with a sink and cabinet
a view of empty room with wooden floor and fan
a large kitchen with stainless steel appliances granite countertop a large counter top a wooden floors and a large window
a kitchen with stainless steel appliances a stove a sink dishwasher and a refrigerator
a kitchen with kitchen island a counter top space a sink stainless steel appliances and cabinets
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a view of a balcony with an outdoor space
a view of a white building on the street
a view of a building from a balcony
a utility room with dryer and washer
a view of a hallway with wooden floor and staircase
a bathroom with a sink toilet and shower
a view of a hallway with wooden floor and closet area
wooden floor in an empty room with a window
a view of an empty room
a aerial view of a house with a yard
a view of an empty room and outdoor space
a view of a entryway door of the house
a view of an entryway with staircase
a kitchen with a refrigerator sink and cabinets
a view of a kitchen with kitchen island wooden floors
a bathroom with a toilet a sink and mirror
a view of a balcony
a bathroom with a glass shower door
a view of empty room with wooden floor and fan
a view of a room with a empty space and wooden floor
a view of empty room with wooden floor
a close view of shower tap
a bathroom with a toilet sink and shower
an empty room with wooden floor and windows
a view of a staircase
a view of a terrace with sky view
a view of a door and an outdoor space
a bathroom with a toilet sink and a shower
a view of wooden floor in a room
a view of a terrace
a large kitchen with stainless steel appliances kitchen island granite countertop a large counter top and wooden floors
a bathroom with a glass shower door
a front view of a house with garage
a front view of a building with outdoor seating
a view of a house with a window
a front view of a house with a yard
a car parked on the side of the road

Description

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...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.
  1. Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • Myunits.com Inc. • 818-850-8485
  2. Listed by Ian Maddox • DRE #02030205 • Brokerage DRE #01921425 • Myunits.com Inc.

Property Details for 1700 South Redondo Boulevard

Architectural Style
Modern
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Myunits.com Inc., Elizabeth Maddox, DRE #01921425; Myunits.com Inc., Ian Maddox, DRE #02030205
Add your commute
LISTING UPDATED: 04/26/2024 03:21 AM

Property Details for 1700 South Redondo Boulevard

StatusPending
MLS #BB24042309
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.18 AC / 8,048 SF
CountyLos Angeles County

Location

Listing Courtesy of Myunits.com Inc., Elizabeth Maddox, DRE #01921425; Myunits.com Inc., Ian Maddox, DRE #02030205
Add your commute

Building Information for 1700 South Redondo Boulevard

Stories3Residences-Year Built2024Building Size-Lot Size0.18 AC / 8,048 SF

Payment Calculator

$19,638 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,282

Property Taxes

$1,356

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1700 South Redondo Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $254,400
  • Gross Scheduled Income: $2,544,000
  • Vacancy Allowance Rate: 4
  • Gross Operating Income: $244,224
  • Net Operating Income: $193,743
  • Gross Multiplier: 13.17
  • Cap Rate: 5.85
Expense Details
  • Operating Expense: $50,481
  • New Taxes Expense: $42,579
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,502
  • Maintenance Expense: $1,600
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $50,481
Tax / Assessment Info
  • Tax Rate: 1.19
  • Tax Annual Amount: $41,367
  • Tax Block: 4
  • Tax Tract Number: 6035
  • Tax Census Tract: 2183.00
  • CFD/Mello-Roos Fee: $510
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Oven, Freezer, Gas Range, Range Hood, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Freezer, Inside, Refrigerator, Washer, Washer Included
  • Interior Features: Balcony, Living Room Balcony
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Vinyl
  • Virtual Tour URL Branded: https://www.myunits.com/buy/1700redondo
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 4
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Patio: 4

Property History for 1700 South Redondo Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1700 South Redondo Boulevard

Taxable ValueLand$1,020,000Additions$293,760Total$1,313,760
Tax Record2023$16,267 ($1,356 / month)
Home Facts
Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtLot Size8,046 SqFtStyleDuplexYear Built1925ZoningLARD1.5CountyLOS ANGELESAPN5067-002-050

Schools near 1700 South Redondo Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Saturn Street Elementary School
Public - K to 5
Emerson Community Charter School
Charter - 6 to 8
Los Angeles Senior High School
Public - 9 to 12
South Shores/Csudh Visual And Performing Arts
Public - K to 5
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Los Angeles Senior High School
Public9 to 12

South Shores/Csudh Visual And Performing Arts
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Myunits.com Inc., Elizabeth Maddox, DRE #01921425; Myunits.com Inc., Ian Maddox, DRE #02030205

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.