1424 S Redondo Blvd, Los Angeles, CA 90019
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1424 S Redondo Blvd Los Angeles, CA 90019

$2,795,000 Sold Price as of 07/13/2021
  • 22 Beds
  • 14 Baths
  • 5,682 Sq.Ft.
Sold
$2,795,000 Sold Price as of 07/13/2021 Refinance Your Mortgage

Map preview of 1424 S Redondo Blvd, Los Angeles, CA 90019

Property Overview: 1424 S Redondo Blvd Los Angeles, CA has 22 bedrooms, 14 bathrooms, 5,682 living square feet and 5,716 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY: 6.25-7% CAP RATE. This brand new contemporary townhouse-style triplex offers a rare opportunity in the finest area within the massively growing neighborhood of Mid City. The attention to detail and top-of-the-line finishes sets this new development apart. The property is secured by a remote-controlled steel gate. The front unit, the property's largest, has 5 bedrooms, including a private first-floor suite and a large master bedroom with a walk-in closet, and 4 and a half baths. The two back units (4 beds/2.5 baths & 3 beds/2.5 baths) provide very private living in the back structure. In all units, you will find a spacious & bright open layout with an abundance of light & beauty throughout. As you walk through the property, you will notice the captivating finishes that were selected with no expense spared. The property is equipped with full HD surveillance, Nest thermostats, high-end appliances, and Ring doorbells. Enjoy the ultimate Californian lifestyle, only 15 minutes away from Santa Monica, Beverly Hills, West Hollywood, & Downtown. Redondo is perfect for anyone looking to hold an amazing investment property they can live in and/or rent out in a phenomenal part of LA.

Listed by Lucas Cintra | BRE #02103512 | Compass
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
5,716
HOA Dues
$0/mo
Year built
2021
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21732308
City
Los Angeles
County
Los Angeles
Time on Site
1101 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $6,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,900
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1424 S Redondo Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Bath, Den, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
Room Information
  • Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Built-In, Gas Cooktop, Gas Range, Oven
Interior Features
  • Intercom, Open Floorplan
  • Levels: Multi/Split
  • Security Features: Fire and Smoke Detection System, Card/Code Access, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door, Garage
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5070016008
Location / Neighborhood
Location Information
  • Directions: Redondo Blvd between Pico Blvd and Venice Blvd
View more facts & features

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Sale History for 1424 S Redondo Blvd

Last sold for $2,795,000 on July 13th, 2021
  • July, 2021

  • Jul 14, 2021

    Date

    Sold

    CRMLS: 21732308

    $2,795,000

    Price

  • Jul 10, 2021

    Date

    Pending

    CRMLS: 21732308

    $2,995,000

    Price

  • May 25, 2021

    Date

    Active Under Contract

    CRMLS: 21732308

    $2,995,000

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: 21732308

    $2,995,000

    Price

  • May, 2021

  • May 15, 2021

    Date

    Canceled

    CRMLS: 21723672

    $3,295,000

    Price

  • Apr 27, 2021

    Date

    Active

    CRMLS: 21723672

    $3,295,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2018

  • Jun 15, 2018

    Date

    Sold

    CRMLS: 18319490

    $899,000

    Price

  • Apr 7, 2018

    Date

    Pending

    CRMLS: 18319490

    $899,000

    Price

  • Mar 4, 2018

    Date

    Active

    CRMLS: 18319490

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY IS LISTED LOW TO SELL QUICKLY!!!!! CONTRACTORS/INVESTORS DREAM -Do not miss this opportunity ( Check with City to extend or make a duplex ) !!!!! Seize the opportunity to own this 3 bedroom, 2 bath home near Picfair Village neighborhood.Spacious kitchen and laundry area that lead out to the private backyard where there is a detached 2 car garage + 6 MORE PARKING include Camping car parking lotMany usable spaces both inside and out, make this home surprisingly expansive.The backyard is large with lots of possibility for outdoor entertainment. The home is secure with an automatic gate.Rooftop solar panels that are owned outright, 1 year old. The owner currently enjoys an electricity bill of 50 dollars a month and buyer will not pay any solar payment . FYI-Furniture and Camping Car will sell separately.

  • June, 2018

  • Jun 13, 2018

    Date

    Sold (Public Records)

    Public Records

    $899,000

    Price

  • May, 2014

  • May 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 1424 S Redondo Blvd

Assessed Value (2020): $935,318
Year Land Value Improved Value Assessed Value
2020 $748,255 $187,063 $935,318

Home Value Compared to the Market

This property vs the competition

1424 S Redondo Blvd sold on July 13, 2021 for 151.68% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $527.1 per/sqft which puts the price per square foot 30.19% lower than the current median sale per square foot for the city of Los Angeles.

About 1424 S Redondo Blvd

Detailed summary of property

1424 S Redondo Blvd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 22 bedrooms, 14 bathrooms, roughly 5,682 living square feet, and sits on an approximately 5,716 square foot lot. 1424 S Redondo Blvd was first listed on ArdentRealEstateGroup.com on May 15, 2021. The homeowner sold the property for $2,795,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 151.68% higher than the current median priced home. Local homes that are currently for sale include 2301 Hauser Blvd, 924 S Orange Grove Ave and 4440 Victoria Park Dr. While the average home in Los Angeles, CA is selling in 92 days, 1424 S Redondo Blvd has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1424 S Redondo Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1424 S Redondo Blvd

Public county record property details
Beds
3
Baths
2
Year built
1922
Sq. Ft.
1,486
Lot Size
5,715
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5070-016-008

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1424 S Redondo Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.