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Key Details
Sold Price $2,084,272
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,834 sqft
Price per Sqft $543
MLS Listing ID 21780468
Sold Date 11/04/21
HOA Y/N No
Year Built 1952
Lot Size 7,426 Sqft
Acres 0.1705
Property Description
We are pleased to present an opportunity to acquire a 5 unit multifamily property located in Redondo Beach. For the first time on the market in over 40 years, this property presents a significant value add opportunity for a new owner. The interiors are completely original and there is some deferred maintenance on the property. This property is comprised of a single story home and four apartments over garages. There might be an opportunity to convert some of the garages into ADUs. Buyer to verify**. Please ask to see our inspection report detailing some of the deferred maintenance items. This is a contractor or value add buyers dream deal and wont last long! -Contractor or Value Add Buyers Dream, -First time on the market in over 40 years, -Possible ADU conversion while still keeping ample parking, -Over 35% upside in rents, -Located next to brand new construction
Location
State CA
County Los Angeles
Area 152 - N Redondo Bch/Villas South
Zoning RBR-3
Interior
Heating WallFurnace
Cooling None
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4157010001
Special Listing Condition Standard
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Bought with J.Woody Stahl • Lyon Stahl Investment Real Estate, Inc.
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