Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs… Read More Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units 4.76% Cap Rate & 14.42 GRM 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM No Local Rent Control - Defaults to AB 1482 New Cool Roof 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf New Fascia, Gutters & Exterior LED Lights Most Electrical Panels Replaced New Copper Water Line Total of 10 Garages Laundry Room with Newer Machines Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach Read Less
Property listed by Shield CRE, Inc., Jonathan Nikfarjam 310-593-9869
Listing Snapshot
Days Online
76
Last Updated
Property Type
Other
Beds
13
Square Ft.
6,467
Lot Size
0.17 Acres
Year Built
1964
MLS Number
25506893
30 Days Snapshot Of 90278
$1.61M
+4%
(avg) sold price
30
-14%
homes sold
65
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1964, Building area total: 6,467, Levels: MultiSplit, Living area: 6467, 1 building
Garage
10 spaces
Income
Gross income: $274,282, Net operating income: $188,073
Laundry
LaundryRoom
Lot
0.1721 acres, 7,498 square feet, Size: 7,498
Parking
10 totals parking, Garage
Property
Zoning: RBR-3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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