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First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.
Property Type(s):
Residential Income
| Last Updated | 5/15/2025 | Year Built | 1952 |
|---|---|---|---|
| Community | N Redondo Bch/Villas South | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | N Redondo Bch/Villas South |
| GARAGE | Door-Multi, Garage, Garage Door Opener, On Site, Shared Driveway, Side by Side, Yes |
| HEAT | Forced Air |
| LOT | 7502 sq ft |
| LOT DESCRIPTION | Yard |
| PARKING | Door-Multi,Garage,Garage Door Opener,On Site,Shared Driveway,Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Connected,Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | RBR-2 |
Location
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Listed with Bayside
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