1861 S Redondo Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 7 bed, 4 bath
ACTIVE$1,275,000
1861 S Redondo Boulevard, Los Angeles, California 90019
7Beds
4Baths
3,244Sqft
5,834Lot
Year Built
1946
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
PW25181146
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.27M(50th), sqft - 3244(46th), beds - 7(85th), baths - 4(92th).
Welcome to 1861 S Redondo Blvd. This upgraded 4-unit income property features a triplex plus a newly built 2 bed, 2 bath ADU (approx. 700 sqft) with solar. One of the original 2 bed, 2 bath units has been fully renovated and is currently vacant, offering the perfect opportunity for an owner-occupant to live on-site while renting out the other units to help offset the mortgage. The combined living area is approximately 3,244 sqft on a 5,834 sqft LARD1.5-zoned lot. Recent improvements include upgraded electrical panels and a new sewer liner. All other units are tenant-occupied, generating steady rental income.
Price History
Date
Event
Price
08/11/25
Listing
$1,275,000
05/14/21
Sold
$1,060,000
05/21/13
Sold
$445,000
06/26/06
Sold
$710,000
Condition Rating
Excellent
Despite the original structure's 1946 build year, the property includes a newly built ADU and one of the original units has been fully renovated. The images showcase these spaces, featuring modern white shaker cabinets, new stainless steel appliances, quartz countertops, subway tile backsplashes, and contemporary fixtures in the kitchens. Bathrooms are also fully updated with glass shower enclosures, modern vanities, and stylish tile work. New laminate/LVP flooring is consistent throughout, and lighting consists of modern recessed lights and ceiling fans. Significant infrastructure upgrades like new electrical panels and a sewer liner, along with solar on the ADU, further support an 'Excellent' rating for the highlighted and visible portions of this income property.
Pros & Cons
Pros
Multi-Unit Income Property: This property is a 4-unit income asset, comprising a triplex and a newly built ADU, offering diversified rental income streams.
Newly Built ADU with Solar: The property includes a modern, newly constructed 2 bed, 2 bath ADU (approx. 700 sqft) equipped with solar, enhancing its appeal, energy efficiency, and potential rental value.
Owner-Occupant Opportunity: One of the original 2 bed, 2 bath units is fully renovated and vacant, providing an ideal opportunity for an owner-occupant to live on-site and offset mortgage costs with rental income from the other units.
Established Rental Income: All other units are currently tenant-occupied, ensuring immediate and steady rental income for the new owner from day one.
Significant System Upgrades: Recent capital improvements include upgraded electrical panels and a new sewer liner, reducing immediate maintenance concerns and adding long-term value.
Cons
Age of Original Structures: Built in 1946, the original triplex units, despite some upgrades, may still present ongoing maintenance needs or require future capital expenditures due to their age.
Tenant Management Demands: Managing four separate rental units and tenants can be time-consuming and complex, requiring active oversight or professional property management.
Unspecified Condition of Other Units: While one unit is fully renovated and the ADU is new, the description does not detail the current condition or renovation status of the other two original triplex units, which may not be as updated.