1425 S Redondo Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath

1425 S Redondo Boulevard, Los Angeles, California 90019 home-pic-0

1425 S Redondo Boulevard

Los Angeles, California 90019

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
2Beds
1Baths
1,242Sq Ft
6,355Lot Size

Property Price

LIST PRICE$999,000
EST. MARKET VALUE
$846,121
18% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$846,121
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1425 S Redondo Boulevard
Subject
$999,000*
List Price
211,242$681-
A
4523 W 18th Street
Active Under Contract
$995,000
List Price
211,293$7700.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property is explicitly marketed as a redevelopment opportunity and is described as likely not financeable, indicating the structure's condition does not meet standard habitability or safety requirements. Built in 1924 with no significant modern renovations, the home features an outdated kitchen, popcorn ceilings, and aged systems. The value is primarily in the 6,353 sqft lot and LARD 1.5 zoning rather than the existing 100-year-old structure.

PROSSTRENGTHS & OPPORTUNITIES

  • Development Potential

    Zoned LARD 1.5 on a generous 6,353 sqft lot, this property offers significant multi-unit redevelopment opportunities in a high-density, high-demand area.

  • Prime Mid City Location

    Situated in a central Los Angeles hub, the property is ideally located near major employment centers, transit, and popular dining, ensuring long-term value.

  • Detached 3-Car Garage

    The rare three-car detached garage provides excellent potential for an ADU conversion or additional square footage for a multi-unit project.

CONSRISKS & DEFICIENCIES

  • Financing Limitations

    The existing structure is likely not financeable through traditional mortgages, necessitating cash buyers or specialized hard money/construction loans.

  • Poor Structural Condition

    The 1924 structure is in a state that requires either a complete teardown or an extensive, costly renovation to meet modern habitability standards.

  • High Initial Investment

    With a list price near $1 million for a redevelopment site, investors face a high entry cost before accounting for demolition and construction expenses.

About 1425 S Redondo Boulevard

Untapped potential in this classic single detached home with a 3 car detached garage in prime Mid City Los Angeles. Well located on an 6353 square foot lot and zoned LARD 1.5 with a good sized back yard. The existing structure is likely not financeable, making this an ideal redevelopment opportunity. Surrounded by recent projects and close to major employment centers, transit, dining, and retail, the location supports strong long-term rental demand and continued appreciation. Buyer and buyer's agent to verify all zoning, permits, lot size, incentives, development potential, and conduct all due diligence.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1924
Lot Size
6,355 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
20%
Baths1.02.0
14%
Square foot1,2421,766
19%
Lot Size6,3556,048.5
53%
Price$999.0K$1.35M
27%
Price per sq ft$804$763
58%
Built year19241926
47%
HOA$0$0
50%
Days on market34175
3%

Pricing History

Listed for Sale

Jan 31, 2026

$999,000

Initial Listing

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