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Sold for $1,775,000
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Aaron Jacobson • Contact: 310-729-1559
    Bought with: Re/Max One
    Tax assessed value
    $1,775,000

    2672 S Redondo Blvd, Los Angeles, CA 90016

    14beds
    6baths
    4,019sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,768,500 Zestimate®
    $442/sqft
    $3,096 Estimated rent

    Home value

    $1,768,500

    $1.61M - $1.95M

    $3,096/mo

    Zestimate® history
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    $3,096/mo

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    $11,600/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.,

    Co-Listing Agent: Brandon Maghen DRE #02250000 310-409-3908,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Mojan Shah, DRE #02135910

    Re/Max One

    Source: CRMLS,MLS#: SB25218622MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,019
    • Total interior livable area: 4,019 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 4,800 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5049020004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Suburban, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $442/sqft
    • Tax assessed value: $1,775,000
    • Date on market: 9/16/2025
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    8/31/2026Listing removed$2,895$1/sqft
    Source: Zillow Rentals Report a problem
    8/19/2026Price change$2,895-12.1%$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2026Listed for rent$3,295$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2026Listing removed$3,295$1/sqft
    Source: CRMLS #SR26151936 Report a problem
    7/13/2026Listed for rent$3,295$1/sqft
    Source: CRMLS #SR26151936 Report a problem
    11/3/2025Sold$1,775,000-4.1%$442/sqft
    Source: CRMLS #SB25218622 Report a problem
    10/28/2025Contingent$1,850,000$460/sqft
    Source: CRMLS #SB25218622 Report a problem
    9/16/2025Listed for sale$1,850,000+58.8%$460/sqft
    Source: CRMLS #SB25218622 Report a problem
    12/3/2019Sold$1,165,000+11.1%$290/sqft
    Source: CRMLS #SB18233270 Report a problem
    5/11/2019Price change$1,049,000+5%$261/sqft
    Source: Re/Max Estate Properties #SB18233270 Report a problem
    3/12/2019Pending sale$999,000$249/sqft
    Source: Re/Max Estate Properties #SB18233270 Report a problem
    11/15/2018Listed for sale$999,000$249/sqft
    Source: Re/Max Estate Properties #SB18233270 Report a problem
    11/14/2018Pending sale$999,000$249/sqft
    Source: Re/Max Estate Properties #SB18233270 Report a problem
    9/25/2018Listed for sale$999,000+149.4%$249/sqft
    Source: Re/Max Estate Properties #SB18233270 Report a problem
    5/11/2012Sold$400,500$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,775,000 +39.3%
    2025$15,692 +1.4%$1,274,093 +2%
    2024$15,472 +1.9%$1,249,112 +2%
    2023$15,179 +4.8%$1,224,620 +2%
    2022$14,481 +1.3%$1,200,609 +2%
    2021$14,291 -0.9%$1,177,069 +1%
    2020$14,423 $1,165,000 +83.8%
    2019$14,423 +84.7%$633,924 +2%
    2018$7,807 $621,495 +2%
    2017$7,807 +2.1%$609,310 +2%
    2016$7,644 +2.7%$597,364 +1.5%
    2015$7,441 +39.2%$588,392 +43.4%
    2014$5,347 $410,364 +428.5%
    2012-- $77,644 +2%
    2011-- $76,123 +0.8%
    2010-- $75,555 -0.2%
    2009-- $75,735 +2%
    2008-- $74,251 +2%
    2007-- $72,796 +2%
    2006-- $71,370
    2005-- $71,370 +4%
    2004-- $68,601 +1.9%
    2003-- $67,345 +2%
    2002-- $66,026 +4%
    2000-- $63,464
    Find assessor info on the county website

    Neighborhood: West Adams

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,768,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,768,500