2637 South Redondo Boulevard

Los Angeles, CA 90016

$1,895,000
Price
8
Beds
8
Baths
3,616 Sq. Ft.
$524 / Sq. Ft.
3,616
Sq. Ft.
$524
per Sq. Ft.

Description

2637 S Redondo Blvd is an 8-unit garden-style apartment building located in the West Adams neighborhood of Los Angeles. The property's unit mix consists of eight open concept 1+1's, seven of which have been extensively remodeled to include new paint, laminate flooring, windows, kitchens, and bathrooms. The exterior of the building has also been painted and re-landscaped. Each unit has its own water heater and is individually metered for gas and electricity. Located just minutes away from Culver City,...2637 S Redondo Blvd is an 8-unit garden-style apartment building located in the West Adams neighborhood of Los Angeles. The property's unit mix consists of eight open concept 1+1's, seven of which have been extensively remodeled to include new paint, laminate flooring, windows, kitchens, and bathrooms. The exterior of the building has also been painted and re-landscaped. Each unit has its own water heater and is individually metered for gas and electricity. Located just minutes away from Culver City, Mid-City, and the University of Southern California, 2637 S Redondo Blvd provides residents with a central starting point for commuting. The property boasts a fantastic 84 walk score and is located just 0.7 miles away from the Expo/La Brea Metro station and 0.5 miles from the nearest I-10 freeway on-ramp. Tenants can enjoy a variety of new area amenities featured in the ever evolving West Adams neighborhood. Tenants with children have numerous nearby parks and schools to choose from, including Rancho Cienega Recreation Center and Cienega Elementary School. With 2637 S Redondo Blvd you can hedge against inflation, exploit tax advantages, and add more value.
  1. Listed by Jordan Peikin • DRE #02015987 • Brokerage DRE #02015987 • Jordan Peikin

Property Details for 2637 South Redondo Boulevard

Water Front
None
Zoning
LAR3
Style
Bungalow
Parcel Number
5043004024
Total Units
8.0
Living Area
3616
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)

Location

Listing Courtesy of Jordan Peikin, Jordan Peikin, DRE #02015987
Add your commute
LISTING UPDATED: 04/18/2024 12:01 AM

Property Details for 2637 South Redondo Boulevard

StatusActive
MLS #24-378849
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,210 SF
CountyLos Angeles County

Location

Listing Courtesy of Jordan Peikin, Jordan Peikin, DRE #02015987
Add your commute

Building Information for 2637 South Redondo Boulevard

Stories1Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,210 SF

Payment Calculator

$11,707 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$1,365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2637 South Redondo Boulevard

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Apartments
  • View: Yes
  • View Description: City, City Lights
  • View: City Lights
  • Security Features: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $138,960
  • Net Operating Income: $91,052.00
  • Gross Income: $143,258
  • Cap Rate: 4.80%
  • Gross Rent Multiplier: $13.23
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 47908
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1655
  • Lot Size Square Feet: 7210
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Laminate, Tile
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Microwave
  • Interior Features: Ceiling Fan(s)
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-10-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,611.00
  • Unit Actual Rent: $1,611.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,460.00
  • Unit Actual Rent: $1,460.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,715.00
  • Unit Actual Rent: $1,715.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,522.00
  • Unit Actual Rent: $1,522.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,545.00
  • Unit Actual Rent: $1,545.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,559.00
  • Unit Actual Rent: $1,559.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $933.00
  • Unit Actual Rent: $933.00
  • Unit Projected Rent: $1,795.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $384,852.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $897,991.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $1,282,843.00

Property History for 2637 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 2637 South Redondo Boulevard

Taxable ValueLand$897,991Additions$384,852Total$1,282,843
Tax Record2023$16,384 ($1,365 / month)
Home Facts
Total Finished SqFt3,616 SqFtAbove Grade Finished SqFt3,616 SqFtLot Size7,208 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR3CountyLOS ANGELESAPN5043-004-024

Schools near 2637 South Redondo Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Cienega Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

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.

Similar Homes

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2637 South Redondo Boulevard is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on April 10, 2024 by Jordan Peikin, it's currently listed at $1,895,000. It has been on the market for a total of 22 days and was last sold on July 11, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Cienega Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 2637 South Redondo Boulevard is a 8-bed, 8-bath, 3,616 sqft multi-family home built in 1923.

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 Jordan Peikin, Jordan Peikin, DRE #02015987

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.