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Key Details
Sold Price $2,150,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23138246
Sold Date 12/22/23
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1965
Lot Size 7,501 Sqft
Property Description
We are pleased to present an excellent investor or owner user opportunity. This 4-unit multifamily property is in a highly desirable Redondo Beach location just minutes to the Beach and nearby major employers, popular shopping centers, trendy restaurants, lively entertainment, neighborhood parks, transportation, and award-winning Redondo Beach schools. The property is comprised of a recently remodeled 3 -Bedroom/2-Bathroom with fenced front yard and three 2-Bedroom/1-Bathroom units. There are six-1-car garages, along with an attached storage room, presenting a prime opportunity for an ADU conversion (buyer to verify). Additional room to park 4 vehicles on the property without blocking the driveway or garages. The property features copper plumbing, a newer roof, and vinyl windows. The 3-Bedroom/2-Bath has recently been remodeled. One of the 2-Bedroom/1-Bath units was remodeled in 2022. These two remodeled units feature vinyl plank flooring, tiled showers, new cabinetry, new quartz counters, smooth ceilings, and recessed lighting. Strong rental location with upside in the rents. The tenants are on month-to-month agreements. Community laundry room with 2 washers / 2 dryers (machines are owned). Subject only to California AB 1482. Zip code 90278 received an overall A+ Grade per Niche.com along with ranking #47 of 1,211 as the Best Zip Code to Live in California.
Location
State CA
County Los Angeles
Area 152 - N Redondo Bch/Villas South
Zoning RBR-2
Interior
Interior Features Granite Counters, Quartz Counters
Heating Natural Gas
Cooling None
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry Common Area
Exterior
Parking Features Door-Single, Garage, Garage Faces Side
Garage Spaces 6.0
Garage Description 6.0
Fence None
Pool None
Community Features Biking, Curbs, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard, Near Park, Near Public Transit
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 4159002016
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Trust
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Bought with Noam Srolovitz • Kape Property Management, Inc.