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$2,295,000
Est. payment /mo
9 Beds
8 Baths
4,610 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,610 sqft
Price per Sqft $497
MLS Listing ID 26103534
Bedrooms 9
HOA Y/N No
Year Built 1965
Lot Size 7,300 Sqft
Property Description
Fourplex in South Redondo Beach on a Quiet Residential Cul-de-Sac Street | Exceptional Owner-User Opportunity with Renovated 2-Bedroom/2-Bathroom Unit Delivered Vacant | One Mile from the Redondo Beach Pier, King Harbor & Pacific Ocean | Outstanding Unit Mix of Three-Bedroom & 2-Bedroom Units | Front 3-Bedroom Townhouse with Open Floor Plan, Vaulted Ceilings, Fireplace, Large Private Deck & Private Yard | Each Unit Contains Private Outdoor Space | Newer Roof & Full Copper Plumbing | 4.55% Current Cap Rate & 14.92 Current GRM | 5.98% Pro-Forma Cap Rate & 12.22 Pro-Forma GRM | 4,610-SF Building on a Large 7,300-SF Lot | No Local Rent Control - Defaults to AB 1482 | Property is on RUBs Program Reduces Operational Expenses for Landlord | Six Garage Spaces | Desirable Opportunity to Add ADUs | On-Site Laundry Facility | Qualifies for Residential Financing
Location
State CA
County Los Angeles
Area 156 - S Redondo Bch S Of Torrance Bl
Zoning RBRMD
Interior
Fireplace No
Appliance Washer
Laundry Laundry Room
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7506023072
Special Listing Condition Standard
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Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803
NEARBY SCHOOL & BUSINESS
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David Burchell
Team Leader & Realtor License ID: #02033130
Team Leader & Realtor License ID: #02033130