Description
Pride of ownership triplex with oversized units in an excellent location of north redondo beach! located only down the street from south bay galleria, this property is being offered with an 18% upside in rents to a market grm of 15.92 and a market cap rate of 3.6%. the two garages provide ample parking or an adu opportunity for a savvy investor. additionally, the r-3 zoning provides the option for additional development opportunities. this low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. the central location combined with the potential upsides make this an exceptional generational asset!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47517449
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1962
- Building Area Total: 4,342
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1723
- Lot Size Source: Assessor
- Lot Size Square Feet: 7504
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Listing Information
Listing Price Information
- Original List Price: 2,350,000
- Listing Contract Date: 2024-11-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4157008017
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 152 - N Redondo Bch/Villas South
- Directions: North side of street, south of Artesia
- Zoning: RBR-3
- Source Property Type: Residential Income
- Area: 152 - N Redondo Bch/Villas South
- Property SubType: Apartment
Building and Construction
- Property Age: 62
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: First Level
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 15:23
- MLS: SB24225852
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,342 sqft, 7,504 sized lot, and 2 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.