We are proud to present this impeccably maintained four-unit apartment building, ideally located in one of Redondo Beach's most sought-after neighborhoods. Set on a generous 7,483 sq ft lot, the property offers 4,711 sq ft of rentable space across a highly desirable unit mix: two spacious 3-bed/2-bath units and two… Read More well-appointed 2-bed/2-bath units all with garage parking. Each unit enjoys dedicated garage parking, with six total garage spaces including three detached garages offering exciting potential for ADU conversion (buyer toverify). Property highlights include: ~40% Rental Upside in a high-demand coastal market, not subject to LA City rent control and this is governed only by AB 1482 allowing for attractive annual rent increases. This is more than a property, it's a rare chance to own a stabilized, upgraded asset in the heart of the South Bay. Read Less
Property listed by Keller Williams Realty, Joshua Cohen 310-375-3511
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
10
Square Ft.
4,711
Lot Size
0.17 Acres
Year Built
1968
MLS Number
25609459
30 Days Snapshot Of 90278
$1.80M
+16%
(avg) sold price
21
-4%
homes sold
97
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1968, Building area total: 4,711, Levels: Two, Living area: 4711, 2 stories, 1 building
Garage
6 spaces
Heating
ForcedAir
Income
Gross income: $120,300, Net operating income: $71,392
Lot
0.1718 acres, 7,485 square feet, Size: 7,485
Parking
2 open parking spaces, 8 totals parking, Uncovered
Property
Zoning: RBR-2
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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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