Four-Unit Residential
2743 S Redondo Blvd, Los Angeles, CA 90016
For Sale
$1,250,000
Residential Income, Los Angeles, CA
Property Size3,068 SF
Lot Size0.11 Acres
Price / SF$407.43
Days on Market144
Property Features for 2743 S Redondo Blvd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Special listing conditions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Compass
(310) 437-7500
Listed By:
Kelly Myers · License CA #01492040
(626) 676-5778
Added: Jun 25
Changed: Oct 26
Last Checked: Nov 15 at 1:06AM
MLS# 26851773
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1947, this Mediterranean-style residential property contains four units totaling 3,068 square feet. The unit mix includes two one-bedroom, one-bath residences and two two-bedroom, one-bath residences. Property improvements include updated copper plumbing, newer windows, upgraded electrical systems, separate gas and electric meters, and central heating. Carport parking is provided, while mature fig and pomegranate trees enhance the grounds.
The property is located at 2743 S Redondo Blvd in Los Angeles, within the West Adams/Mid-City area. It is just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. The parcel measures 0.1102 acres and carries LARD1.5 zoning.
The property is located at 2743 S Redondo Blvd in Los Angeles, within the West Adams/Mid-City area. It is just minutes from Culver City, Beverly Hills, West Hollywood, Downtown Los Angeles, the I-10 Freeway, and Metro transit. The parcel measures 0.1102 acres and carries LARD1.5 zoning.
Key Highlights
- Four residential units with two 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath units
- 3,068 square feet on a 0.1102‑acre parcel
- LARD1.5 zoning at 2743 S Redondo Blvd, Los Angeles, CA 90016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,578
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,560
$1.1M
Cap Rate 7%
$765,400
$765.4K
Cap Rate 9%
$595,311
$595.3K
Market Conditions
NOI Build-Up for 3,068 SF
Gross rent
$82.8K $27.00/SF
− Vacancy
−$6.3K −$2.05/SF
EGI
$76.5K $24.95/SF
− OpEx
−$23.0K −$7.48/SF
NOI
$53.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,560
Cap Rate 7%
$765,400
Cap Rate 9%
$595,311
Alternative Uses
Best Use
Multifamily LT 5
$765.4K
$669.7K – $893.0K
NOI $53,578 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$705.2K
$617.1K – $822.8K
NOI $49,367 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,665 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with mixed one- and two-bedroom units, central heating, separate utility meters, and carport parking.
Where is this quadplex located?
The property is located at 2743 S Redondo Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four residential units with two 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath units; 3,068 square feet on a 0.1102‑acre parcel; LARD1.5 zoning at 2743 S Redondo Blvd, Los Angeles, CA 90016
