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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,450,000

Est. payment - /mo

7,509 Sqft Lot

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UPDATED:

12/05/2024 05:10 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24196130

HOA Y/N No

Year Built 1971

Lot Size 7,509 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area 152 - N Redondo Bch/Villas South

Zoning RBR-2

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Attached Carport, Assigned

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4157028001

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Scott Briscoe • Re/Max Estate Properties • scottbriscoe50@yahoo.com

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2222 Harriman LN #1 Redondo Beach, CA 90278