1420 S Redondo Blvd, Los Angeles, CA 90019

Centrally located Mid Los Angeles Income property with over 40% upside in rents. Triplex features two renovated units, a tankless water heater, copper plumbing and five secured parking spaces. The unit mix includes (2) two bedroom and one bath apartments and (1) one bedroom and one bath unit. Potential owner user opportunity. Over 4.3 CAP at existing rents and 7 CAP at market rents! Only $330 per square foot.  One of the best mid city deals on the market! The lot is zoned LARD1.5. P

Michael Springer