1700 Redondo, Los Angeles CA 90019 | $3,350,000

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.

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