1700 S Redondo Blvd is a massive, architecturally striking brand new construction fourplex in prime Mid-City! This highly elevated, multi-dimensional "double duplex" was constructed with ample steel, making it more structurally sound than your everyday fourplex. With huge rooftop decks with awe-inspiring views of Los Angeles, the nicest curb appeal in Mid-City, an unbeatable unit mix of two 5 beds, one 4 bed and one 3 bed, and designer finishes, we project an outstanding 5.85% cap rate. In addition to the high return and top-tier construction, it's also important to note that the property falls in an opportunity zone- a major tax benefit to buyers (consult with your CPA). The property boasts separate meters for all utilities, minimal expenses, and a 1-year builder’s warranty! 1700 S Redondo is situated 3 minutes from the convenient Midtown Shopping Center (Target, Sprouts, Five Guys, & more) and 10 minutes from Culver City and the countless local hotspots and conveniences in the area, including the trendy Helms Bakery District! This neighborhood has rapidly transformed into the hottest rental market in Los Angeles, with several of the most exciting mixed-use developments a short drive from this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Platform, and the Cumulus District (Whole Foods). Thanks to the huge supply of entertainment, tech and creative jobs in Mid-City, 1700 S Redondo will attract high quality professional tenants. Cap rates haven’t been this high for several years- now is your time to lock up unheard of good deals! There is no safer investment than Los Angeles new construction multi-family.
Property Details
Property Features
Property Information:
Architectural Style: Modern
Year Built: 2024
Stories: 3
Listing Office:
Office Name: Myunits.com Inc.
Office Phone: (818) 850-8485
Listing Agent: Elizabeth Maddox
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Freezer, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Flooring Type: Vinyl
Interior: Balcony
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot: Landscaped
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Los Angeles Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Ralph Waldo Emerson Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Saturn Street Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Near the corner of Redondo Blvd & Venice Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $3,350,000
Tax Information:
Annual Amount: $14,146
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.3M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #BB24042309
Listing Office:
Office Name: Myunits.com Inc.
Office Phone: (818) 850-8485
Listing Agent: Elizabeth Maddox
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 18, 2019
Jul 18, 2019Home Sold
$1,150,000
Jul 07, 1998
Jul 07, 1998Home Sold
$177,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,146
$1,161,914
2020
$3,327
$1,150,000
2019
$3,162
$248,733
2018
$3,099
$243,857
2017
$3,099
$239,076
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Saturn Street Elementary School
5360 Saturn St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.79 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.49 miles
Public Magnet Grades 1-5
Middle School
6
/10
Ralph Waldo Emerson Middle School
1650 Selby Ave
Distance between this listing and this school4.93 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.74 miles
Public District Grades 6-8
High School
2
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.26 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.94 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.36 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Saturn Street Elementary School
5360 Saturn St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.79 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.49 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Ralph Waldo Emerson Middle School
1650 Selby Ave
Distance between this listing and this school4.93 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.74 miles
Public District Grades 6-8
Nearby Schools
4
/10
New Los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school0.50 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.26 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.94 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.36 miles
The neighbors living near this home have an average income of $65,948. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 1700 S Redondo Blvd in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home, which was built in 2024, sits on a 0.18 acre lot. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $3,350,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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