Property listed by Kape Property Management, Inc., Noam Srolovitz 310-912-7808
$4,250,000
We are pleased to present this turnkey 6 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive extra-large unit mix of two 3-Bed/2-Bath & four 2-Bed/2-Bath apartments. The entire property has been professionally designed, upgraded, and permitted, including upgrade of the electrical, plumbing and… Read More sewer systems, new windows, kitchens, bathrooms, flooring, etc. Lease-up produced fantastic and quick results with zero vacancies remaining. These apartments lease FAST due to exquisite exterior and interior design and amenities. Four of the units have private patios and balconies! Extremely walkable neighborhood with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482. Note the 3 bedroom units function accordingly but may be designated as 2-bedrooms on the C of O. Buyer to verify. Read Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
14
Square Ft.
6,117
Lot Size
0.17 Acres
Year Built
1969
MLS Number
25541807
30 Days Snapshot Of 90278
$1.55M
-6%
(avg) sold price
27
-15%
homes sold
62
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1969, Building area total: 6,117, Levels: Two, Living area: 6117, 2 stories, 2 buildings
Heating
Combination
Income
Gross income: $273,300, Net operating income: $198,378
Lot
0.1721 acres, 7,497 square feet, Size: 7,497
Parking
6 totals parking, Assigned, Garage, OnStreet, Tandem
Property
Zoning: RBR-3
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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