First time on the market, pride of ownership, 7 unit apartment building in the heart of Playa Del Rey and very close to Silicon Beach/Playa Vista. Well maintained complex with large units. Huge upside for rents. The designated owner's unit is #1 which has a fireplace and is the largest unit. Laundry facilities located in the complex. Security parking with garage storage bins. Extra large, vacant, storage room next to laundry room - could be used for additional revenue generation. More financial details available upon request. DO NOT DISTURB TENANTS. Inside/viewings only with an accepted offer.
Multi-familyProperty Type
1971Year Built
6,977 sq ftLot Size
$312Price/Sq.Ft.
1 garage spacesParking
Listed by Steven Matilla•DRE #00398688
•310-748-0574 (agent)
•stevenmatilla800@gmail.com (agent)
Bought with Robert Kehiayan•DRE #00976167• Investment R/E Source
First time on the market, pride of ownership, 7 unit apartment building in the heart of Playa Del Rey and very close to Silicon Beach/Playa Vista. Well maintained complex with large units. Huge upside for rents. The designated owner's unit is #1 which has a fireplace and is the largest unit. Laundry facilities located in the complex. Security parking with garage storage bins. Extra large, vacant, storage room next to laundry room - could be used for additional revenue generation. More financial details av
First time on the market, pride of ownership, 7 unit apartment building in the heart of Playa Del Rey and very close to Silicon Beach/Playa Vista. Well maintained complex with large units. Huge upside for rents. The designated owner's unit is #1 which has a fireplace and is the largest unit. Laundry facilities located in the complex. Security parking with garage storage bins. Extra large, vacant, storage room next to laundry room - could be used for additional revenue generation. More financial details available upon request. DO NOT DISTURB TENANTS. Inside/viewings only with an accepted offer.
Year
Property tax
Land + Additions
Assessment*
2025
$35,870 (+1.3%)
$2,321,170 + $580,292
$2,901,462
2024
$35,405 (+1.9%)
$2,321,170 + $580,292
$2,901,462
2023
$34,731 (+4.8%)
$2,275,657 + $568,914
$2,844,571
2022
$33,141 (+1.3%)
$2,231,037 + $557,759
$2,788,796
2021
$32,712 (−1.0%)
$2,187,292 + $546,823
$2,734,115
2020
$33,042 (+4.1%)
$2,144,404 + $536,101
$2,680,505
2019
$31,746 (+0.4%)
$2,122,416 + $530,604
$2,653,020
2018
$31,606 (+2.3%)
$2,080,800 + $520,200
$2,601,000
2017
$30,887 (+545.1%)
$2,000,000 + $500,000
$2,500,000
2016
$4,788 (+1.2%)
$2,000,000 + $500,000
$2,500,000
2015
$4,731 (−1.3%)
$86,755 + $236,088
$322,843
2014
$4,794 (−0.9%)
$83,779 + $227,987
$311,766
2012
$4,840 (+1.9%)
$83,401 + $226,957
$310,358
2011
$4,750 (+1.0%)
$81,766 + $222,507
$304,273
2010
$4,701 (+3.7%)
$80,163 + $218,145
$298,308
2009
$4,535 (+3.6%)
$79,564 + $216,515
$296,079
2008
$4,376
$79,754 + $217,030
$296,784
Tax history for 8047 Redlands St
Year
Property tax
Land + Additions
Assessment*
2025
$35,870 (+1.3%)
$2,321,170 + $580,292
$2,901,462
2024
$35,405 (+1.9%)
$2,321,170 + $580,292
$2,901,462
2023
$34,731 (+4.8%)
$2,275,657 + $568,914
$2,844,571
2022
$33,141 (+1.3%)
$2,231,037 + $557,759
$2,788,796
2021
$32,712 (−1.0%)
$2,187,292 + $546,823
$2,734,115
2020
$33,042 (+4.1%)
$2,144,404 + $536,101
$2,680,505
2019
$31,746 (+0.4%)
$2,122,416 + $530,604
$2,653,020
2018
$31,606 (+2.3%)
$2,080,800 + $520,200
$2,601,000
2017
$30,887 (+545.1%)
$2,000,000 + $500,000
$2,500,000
2016
$4,788 (+1.2%)
$2,000,000 + $500,000
$2,500,000
2015
$4,731 (−1.3%)
$86,755 + $236,088
$322,843
2014
$4,794 (−0.9%)
$83,779 + $227,987
$311,766
2012
$4,840 (+1.9%)
$83,401 + $226,957
$310,358
2011
$4,750 (+1.0%)
$81,766 + $222,507
$304,273
2010
$4,701 (+3.7%)
$80,163 + $218,145
$298,308
2009
$4,535 (+3.6%)
$79,564 + $216,515
$296,079
2008
$4,376
$79,754 + $217,030
$296,784
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
10
Baths
11
Stories
—
Lot width
—
Lot depth
—
Lot size
6,979 Sq. Ft.
Year renovated
1971
Sq. Ft.
8,012
Year built
1971
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
4118002033
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
May 8, 2024 • Final
Bldg-alter/repair
Replace the roof with a class A or B covering material over existing solid sheathing. Apply a certified cool roof product for residential roof replacements exceeding half of the total roof area.
Roofing
Apr 5, 2021 • Final
Bldg-alter/repair
Perform a soft-story seismic retrofit and update project details.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Assigned, Built-In Storage, Community Garage
Parking
# of Parking Spaces (Total): 10
# of Covered Parking Spaces: 10
Interior
Laundry Information
Community Laundry
Equipment
Built-Ins, Cable, Dishwasher, Refrigerator
Heating & Cooling
No Cooling
Forced Air Heating
Multi-Unit Income
Laundry Income: $360
Gross Income: 147228
Gross Operating Income: $147,228
Net Operating Income: $79,931
Multi-Unit Expenses
Trash Expense: $1,284
Actual Annual Vacancy Expense: $1,500
Gas Expense: $1,020
Insurance Expense: $4,226
Electric Expense: $2,672
Water Expense: $2,672
Management Expense: $8,216
Gardener Expense: $1,100
Maintenance Expense: $2,464
Total Annual Expense: $65,797
Tax Expense: $31,800
Multi-Unit Other Financial Information
Rent Control: 100
Cap Rate: 3
Gross Rent Multiplier: 18
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4, 5, 6, 7
Type Of Units: traditional
Management Company Name: Matilla Group
# of Buildings: 1
Laundry Equipment: Lease
Unit 1 Information
# of Beds: 2
# of Baths: 2.50
Rent: $2,250
Projected Rent: $3,500
Actual Rent: $2,250
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.75
Rent: $2,295
Projected Rent: $2,295
Actual Rent: $2,295
# of Units: 2
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,432
Projected Rent: $1,800
Actual Rent: $1,432
# of Units: 3
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,231
Projected Rent: $1,850
Actual Rent: $1,231
# of Units: 4
Unit 5 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,914
Projected Rent: $2,100
Actual Rent: $1,914
# of Units: 5
Unit 6 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,267
Projected Rent: $1,800
Actual Rent: $1,267
# of Units: 6
Unit 7 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,850
Projected Rent: $1,900
Actual Rent: $1,850
# of Units: 7
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 6,977
Zoning: LAR3
Financial
Assessment Information
Assessed Land Value: $85,452
Assessed Improvement Value: $232,542
Assessor Parcel Number: 4118-002-033
Financial Information
Listing Terms: Cash, Cash To New Loan
Location
HOA Information
Amenities: None
Community Information
# of Units in Complex (Total): 7
Location Information
Complex Name: Espana
Directions: Bewteen Falmouth and Gulana
Public facts
Beds: 10
Baths: 11.0
Sq. Ft.: 8,012
Stories: —
Lot Size: 6,979 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: 1971
County: Los Angeles County
APN: 4118002033
Home facts updated by county records on Aug 31, 2026
Other
Documents & Disclosures
Disclosures: As Is
Listing Information
Listing Terms: Cash, Cash To New Loan
Around this home
Schools
Paseo Del Rey Natural Science Magnet
Public K-5 • Assigned • 0.1mi
5/10
Katherine Johnson STEM Academy
Public 6-8 • Assigned • 0.4mi
7/10
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 0.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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