1861 S Redondo, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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1861 S Redondo
Los Angeles, California 90019
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,244Sq Ft
5,834Lot Size
Property Price
LIST PRICE$1,225,000
EST. MARKET VALUE
$1,405,272
12% BelowMARKET VALUE
SUMMARY
This 4-unit High-Potential Investment Opportunity is listed at $1,225,000—positioned well below the $1,405,273 Fair Market Value by 12%. This valuation gap offers $180,273 in Instant Equity. Featuring a newly built 2-bed, 2-bath ADU with solar and a Condition Rating of 2, the property provides immediate, turnkey cash flow. With LARD1.5 zoning and recent infrastructure upgrades, this asset minimizes maintenance liabilities. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Los Angeles rental property.
Estimated Market Value
$1,405,272+$180,272 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1861 S Redondo Subject | $1,225,000* List Price | 0 | 0 | 3,244 | $433 | - |
A 1208 S Cochran Avenue Sold | $1,480,000 | 0 | 0 | 3,223 | $459 | 0.8 mi |
B 1373 S Orange Drive Active Under Contract | $1,495,000 List Price | 0 | 0 | 3,079 | $486 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property includes a brand-new ADU with solar and features units that have undergone recent high-quality renovations, including modern laminate flooring, recessed lighting, and updated bathrooms. Major systems have been modernized with upgraded electrical panels and a new sewer liner, fitting the criteria for a property with less than 5 years of significant renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern ADU Addition
The property features a newly built 2-bedroom, 2-bathroom ADU with solar panels, providing a high-value, energy-efficient unit that commands premium rent.
- Significant Infrastructure Upgrades
Recent capital improvements, including upgraded electrical panels and a new sewer liner, reduce immediate maintenance liabilities for a new owner.
- Immediate Cash Flow
Being fully tenant-occupied, this 4-unit property offers steady, turnkey rental income from day one in a high-demand Mid-Los Angeles rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3244, other record living area = 3354.
- Limited Expansion Potential
With four units already occupying a 5,834 sqft LARD1.5 lot, there is restricted room for further density or significant footprint expansion.
- Vintage Main Structure
The original triplex was built in 1946, which may require more frequent upkeep and higher long-term maintenance reserves compared to newer constructions.
About 1861 S Redondo
Welcome to 1861 S Redondo Blvd—an upgraded 4-unit income property featuring a triplex plus a newly built 2 bed, 2 bath ADU (approx. 700 sqft) with solar. All units are tenant-occupied, generating steady rental income. 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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1946
- Lot Size
- 5,834 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,244 | 2,187.451 |
| Lot Size | 5,834 | 5,841.385 |
| Price | $1.23M | $841.5K |
| Price per sq ft | $378 | $385 |
| Built year | 1946 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 85 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,225,000
Initial Listing
Sold
May 14, 2021
$1,060,000
Public Record
Sold
May 21, 2013
$445,000
Public Record
Sold
Jun 26, 2006
$710,000
Public Record