2701 Curtis Avenue

Redondo Beach, CA 90278

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,090 Sqft
  • 7504
    Sqft(Lot)
$2,750,000

Description

Discover this well-maintained 8-unit property located in north redondo. situated on a spacious 7,504 sf lot, this property offers a total of 5,090 sf of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% cap rate and a 14.56 grm on current rents. it also has very strong upside potential with 25% rental upside and a market cap of 5.94%. altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46728169

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1964
    • Building Area Total: 5,090

    Pool Features

    • None

    Laundry Features

    • Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1723
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7504

  • Listing Price Information

    • Original List Price: 2,750,000
    • Listing Contract Date: 2024-08-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4153030006

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 151 - N Redondo Bch/Villas North
    • Postal Code Plus 4: 2205
    • Directions: Curtis & Inglewood Ave
    • Zoning: RBR-3
    • Source Property Type: Residential Income
    • Area: 151 - N Redondo Bch/Villas North
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 61
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: First and second floor
    • Property Attached: Yes
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BuyOwner last updated this listing 01/22/2025 @ 02:59

  • MLS: SB24174441
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,090 sqft, 7,504 sized lot, and 8 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 , it is in the FALLBROOK Subdivision, are nearby neighborhoods.