First time on the market in over 28 years! This is an excellent opportunity for a yield-focused investor to acquire a well-located, upgraded 4-unit asset in North Redondo Beach. Large corner lot. The property boasts a spacious 3 Bed / 3 Bath owners’ unit, (1) 2 Bed / 3 Bath unit, (1) 2 Bed / 1 Bath unit, and (1) 1 Bed / 1 Bath unit. Constructed in 1971, the property consists of 4,680 SF of living space, situated on a 7,511 SF lot. All units are separately metered for electricity and gas. Ample parking with six garages. Significant rental upside on the three month-month tenant occupied units. Rent roll / pro-forma in supplement. Expenses are not actual (estimated). Do not disturb tenants.
Mls | SB24196130 |
---|---|
Listing Type | For Sale |
Style | Attachd |
Suite Number | 1 |
Subtype | Resale |
Status | Active |
Year | 1971 |
Days On Site | 80 |
Listing Provided By | Re/Max Estate Properties 310-378-9889 | Scott Briscoe |
Sq Feet | 4,680 |
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Garage | 6 |
Car Port | Yes |
Storys | 2 |
Units | 4 |
Buildings | 2 |
Zoning | RBR-2 |
Acreage | 0.17 |
State | CA |
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County | Los Angeles |
City | Redondo Beach |
Zip Code | 90278 |
Area | 152 N Redondo Bch | Villas South |
Listing VS Median (in 90278) | |
Price: $2,450,000 low | high Med: $1,460,500 SqFt: 4,680 low | high Med: 2,054 $ / SqFt: $524 low | high Med: $717 On Site: 80 low | high Med: 167.500000 |