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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.
Property Type(s):
Multi Family
| Last Updated | 9/24/2024 | Year Built | 1971 |
|---|---|---|---|
| Community | N Redondo Bch/Villas South | Garage Spaces | 6.0 |
| County | Los Angeles |
SCHOOLS
| School District | Redondo Unified |
|---|
Additional Details
| AIR | None |
|---|---|
| AREA | N Redondo Bch/Villas South |
| FIREPLACE | Yes |
| GARAGE | Assigned, Attached Carport, Yes |
| HOA DUES | 0 |
| LOT | 7511 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Attached Carport,Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | RBR-2 |
Location
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Listed with Re/Max Estate Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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