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    Vintage Triplex with 3-Car Garage Title is generated by Realmo AI

    1353 S Redondo, Los Angeles, CA 90019

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    For Sale
    $900,000

    Triplex - Los Angeles, CA

    Type:Triplex
    Property size:
    3,166 SF
    Lot size:
    7,374.00 Acres
    Price / SF:
    $284/SF
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 1353 S Redondo

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    LAR2
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Parking
    3
    Parking features
    Garage
    Interior features
    Copper Plumbing Partial, Block Walls, Unfurnished, Ceiling Fan(s), Open Floorplan, Tile Counters, Carbon Monoxide Detector(s)
    Exterior features
    Fence, Community Features Included: Curbs, Biking, Street Lights, Urban, Sidewalks, Treed Lot, Corner Lot, Level With Street, Lot 6500-9999, Landscaped, Front Yard, Garden, Back Yard, Lawn, Yard
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Oven - Gas, Range, Range - Gas
    Standard status
    Active
    APN
    5070007011
    Size
    3,166 SF
    Lot size
    7,374.00 Acres

    Utilities

    Heating system
    Fireplace(s), Wood (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1924
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Wood
    Architectural style
    Other

    We can help!

    Listing Contact
    Ron Murray

    Listing agent Ron Murray License #01040398

    Listing office RE/MAX Empire Properties 24663 Monroe Ave B101, Murrieta, CA

    Listing date Jun 5, 2026

    MLS# SB26122764 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vintage triplex built in 1924 in the Pico/Mid Wilshire area
    • Front house: 3 bedrooms, 1 bathroom with living room fireplace, hardwood floors, and dining room
    • Rear building offers 2 units: lower unit 1 bed/1 bath; upper unit 2 bed/1 bath
    • Alley access with a 3‑car garage and alley parking
    • Large landscaped corner/level lot with front and back yards, garden, lawn, and many trees
    • Includes gas oven/range plus washer and dryer; wood heating and multi unit window/wall cooling systems

    Overview

    This vintage triplex was built in 1924 and includes three residential units. The front house offers 3 bedrooms and 1 bath, with a living room featuring a fireplace, a dining room, and hardwood floors. The kitchen includes appliances, and the home also has a washer and dryer. The front house includes a front yard and a full attic that runs most of the house’s length. The rear building includes two units: a lower unit with 1 bedroom and 1 bath, and an upper unit with 2 bedrooms and 1 bath.

    The property sits on a well-maintained street in the Pico/Mid-Wilshire area of Los Angeles. Alley access serves the site, with alley parking available. There is also a 3-car garage.

    With its mix of 1- and 2-bedroom layouts in the rear and a 3-bedroom front residence, the triplex configuration can appeal to owner-occupants or investors looking for multiple income-producing units within one property. The included appliances and in-unit laundry in the main home, along with the existing garage and parking access, support everyday livability for tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.34923
    Latitude
    34.0486

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    FAQs

    What type of property is this?
    Triplex - Well-maintained vintage triplex with three residences, including a main home and two rear units, plus alley access.
    Where is this triplex located?
    The property is located at 1353 S Redondo Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Vintage triplex built in 1924 in the Pico/Mid Wilshire area; Front house: 3 bedrooms, 1 bathroom with living room fireplace, hardwood floors, and dining room; Rear building offers 2 units: lower unit 1 bed/1 bath; upper unit 2 bed/1 bath
    (310) 995-7428
    We can help!
    Listing Contact
    Ron Murray
    Real Estate License ID: 01040398
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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