1861 S Redondo Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
ACTIVE$1,275,000
1861 S Redondo Boulevard, Los Angeles, California 90019
0Bed
0Bath
3,244Sqft
5,834Lot
Year Built
1946
Close
-
List price
$1.27M
Original List price
$1.35M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
PW25080252
Home ConditionGood
Features
Good View:
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.27M(50th), sqft - 3244(46th), beds - undefined(50th), baths - undefined(50th).
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. One of the original 2 bed, 2 bath units has been fully renovated and currently vacant. 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.
Price History
Date
Event
Price
08/12/25
Price Change
$1,275,000-5.6%
04/30/25
Listing
$1,350,000
05/14/21
Sold
$1,060,000
05/21/13
Sold
$445,000
06/26/06
Sold
$710,000
Condition Rating
Good
This property presents a mixed condition, but overall leans towards 'Good' due to significant recent upgrades. The newly built ADU and one fully renovated original unit are in 'Excellent' condition, featuring modern kitchens with shaker cabinets, quartz countertops, stainless steel appliances, subway tile backsplashes, contemporary bathrooms with new vanities and fixtures, recessed lighting, and new flooring. Crucially, the property benefits from upgraded electrical panels and a new sewer liner, addressing major system concerns. However, the remaining two original units, as seen in images 24 and 25, appear to be in 'Fair' condition with outdated kitchens (older cabinets, laminate countertops, older appliances, fluorescent lighting) and bathrooms (older vanities, fixtures, and finishes). While these units are tenant-occupied and functional, they would require renovation to match the quality of the other units. The blend of newly constructed/renovated units with older, functional but dated units, coupled with major infrastructure improvements, places the overall property condition in the 'Good' category.
Pros & Cons
Pros
Multi-Unit Income Property: The property is a 4-unit income property (triplex plus a newly built ADU), offering diversified rental income streams and strong investment potential.
Newly Built ADU with Solar: The inclusion of a new 2 bed, 2 bath ADU with solar panels adds modern appeal, energy efficiency, and enhances overall rental value and property desirability.
Recent Infrastructure Upgrades: Significant improvements such as upgraded electrical panels and a new sewer liner reduce immediate capital expenditure concerns and enhance property longevity.
Immediate Rental Income: All units are currently tenant-occupied, ensuring steady rental income from day one for a new owner.
Renovated & Vacant Unit: One original 2 bed, 2 bath unit has been fully renovated and is currently vacant, providing flexibility for owner-occupancy or re-tenanting at current market rates.
Cons
Age of Original Structures: The original triplex was built in 1946, suggesting potential for ongoing maintenance and capital expenditures on components not explicitly mentioned as upgraded.
Unspecified Condition of All Units: While one unit is renovated and the ADU is new, the condition of the other two original units is not detailed, which could mean they are in an older, less updated state, potentially requiring future investment.
Recent Price Reduction: The property has seen a price drop from $1.35M to $1.275M, which might indicate an initial overvaluation or a slower-than-expected market response, potentially affecting perceived value.