Skip To Content

1037 S Redondo Boulevard

Los Angeles, CA 90019
  • $1,499,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: SR21216647
UPDATED: 58 min ago
$1,499,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $520
    $/SQFT
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

So many potentials with this great duplex located in Mid Wilshire, one of the most highly desirable areas in Los Angeles. Perfectly situated around some of the best shopping and restaurants as well as short drive to the 10 freeway for commutes. The upstairs unit has three bedrooms plus a sun room and one bathroom. The owner did some updates on the upper unit about 3 years ago. The lower unit has two bedrooms and one bath and some renovations were done just under two years ago. Drive through the porte-cochre to the 3 garages in back as well as a storage unit and extra space for parking. You could purchase and keep tenants or live in one unit and lease the other. There is potential for updating both units and bring in higher rent as well as the possibly for an ADU in the back over the garages. This property is also located in the HPOZ and is a contributing building so the new owner could apply for the Mills Act on the property as well. So many things the buyer/investor can choose to do.

Monthly Payment Calculator



Based on information from CRISNet MLS as of 2021-10-20T07:56:07.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

Based on information from the i-Tech MLS as of 2021-10-20T07:56:07.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchhomesincalifornia.com/homes/121912909
Print Image

1037 S Redondo Boulevard Los Angeles, CA 90019

  • Price: $1,499,000
  • Status: Active
  • Updated: 58 min ago
  • ID#: SR21216647
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,880
SQFT
$520
$/SQFT
1924
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
So many potentials with this great duplex located in Mid Wilshire, one of the most highly desirable areas in Los Angeles. Perfectly situated around some of the best shopping and restaurants as well as short drive to the 10 freeway for commutes. The upstairs unit has three bedrooms plus a sun room and one bathroom. The owner did some updates on the upper unit about 3 years ago. The lower unit has two bedrooms and one bath and some renovations were done just under two years ago. Drive through the porte-cochre to the 3 garages in back as well as a storage unit and extra space for parking. You could purchase and keep tenants or live in one unit and lease the other. There is potential for updating both units and bring in higher rent as well as the possibly for an ADU in the back over the garages. This property is also located in the HPOZ and is a contributing building so the new owner could apply for the Mills Act on the property as well. So many things the buyer/investor can choose to do.
Exterior Features

Lot Features 0-1 Unit/Acre Lot Size Area 6500.0000 Parking Total 5.00 Uncovered Spaces 2.00

Interior Features

Common Walls 1 Common Wall Laundry Features Inside Laundry YN Yes

Property Features

Additional Parcels YN No Community Features CurbsSidewalksStreet Lights Electric Expense 5000.00 Exclusions Tenants' Personal Property Fuel Expense 602.00 Gross Income 69600.00 Gross Scheduled Income 69600.00 Insurance Expense 1654.00 Land Lease YN No Net Operating Income 54435.00 New Construction YN No Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 15165.00 Pool Features None Pool Private YN No Property Attached YN Yes Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Total Expenses 15165.00 Trash Expense 0.00 Water Sewer Expense 5830.00 Water Source Public Zoning Lar2

Listing provided courtesy of Amber Dolle-Field, CA DRE# 01893258, of Keller Williams Vip Properties.


Based on information from CRISNet MLS as of 2021-10-20T07:56:07.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

Based on information from the i-Tech MLS as of 2021-10-20T07:56:07.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_367342469-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_367342469-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_367342469-1.jpg
Logo
Powell Fine Homes Group, Inc. - Keller Williams Realty World Class
30700 Russell Ranch Road, Suite 200
Westlake Village CA, 91362