Description
Graham street is a rear find! built in 1970’s and held by multi-generational owners. it sits on a 15,000 sf double lot. and located in one of redondo beach’s best residential neighborhoods, north of artesia and is sought after by tenants that want a quiet, secure, amenity central location.
a drive by glance shows stunning architectural features that include multilevel design garden style complex, with balconies, generous windows, and amenities. units situated around a serine courtyard that gives many of the occupants garden views and still allows for privacy.
continuous building maintenance and upgrades have been performed with the highest standards. overtime 10 of the units have been rehabbed w upgrades including remodeled kitchens, tiled baths, flooring, cabinetry, windows and fixtures. building is approx. 12,000 sf. with living spaces averaging 1,050sf / two beds and 775sf /one beds. with a mix of (6) 2-bed/1-bath units and (1) 2-bed/2-bath units and (5) 1-bed 1-bath. current rents are staggered and there is an estimated 24% upside in income. market cap at proforma income is 4.1% building upgrades: interlocking paver dive way and garage area, copper plumbing, full laundry, central gas water heater. building storage space and workshop. 14 parking spaces consisting of tuck under and separate building all have storage.
this opportunity offers an investor looking for excellent potential appreciation, long term stabilized tenant base, tax shelter and pride of ownership.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48301798
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Exterior Property Features : Brick Driveway
- Interior Features: Balcony,Granite Counters,Storage,Solid Surface Counters
- Property Appliances: Dishwasher,Electric Range
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1970
- Building Area Total: 12,056
- Construction: Copper Plumbing
Exterior Features
- Brick Driveway
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Common Area,See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3445
- Lot Size Source: Assessor
- Lot Size Square Feet: 15006
-
Listing Information
Listing Price Information
- Original List Price: 6,200,000
- Listing Contract Date: 2025-01-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4155006030
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Covered,Driveway Level,Driveway,Garage,On Site,Workshop in Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 151 - N Redondo Bch/Villas North
- Directions: Between
- Zoning: RBR-2
- Source Property Type: Residential Income
- Area: 151 - N Redondo Bch/Villas North
- Property SubType: Mixed Use
Building and Construction
- Property Age: 55
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Three Or More,Multi/Split
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BuyOwner last updated this listing 01/22/2025 @ 02:59
- MLS: SB25001636
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 12,056 sqft, 15,006 sized lot, and 18 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redondo Beach , in zip code 90278, this Los Angeles County Home are nearby neighborhoods.