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Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24035242
Sold Date 08/07/24
HOA Y/N No
Year Built 1963
Lot Size 5,109 Sqft
Property Description
Presenting 1207 Beryl St, Redondo Beach. This property is now offered at an exceptional return of 5.15%, setting it apart as the only 5+ CAP that is turnkey and this close to the ocean! Don’t miss out, as this property will not last!
1207 consists of 4 beautifully renovated units located just east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor!
The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems, and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer, and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet.
Location
State CA
County Los Angeles
Area 155 - S Redondo Bch N Of Torrance Bl
Zoning RBRMD
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7502010066
Energy Description 500.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Clifford Scherb • Vista Sotheby’s International Realty