Property listed by Compass, John Anthony Christopher 323-593-6999
$865,000
A large lot, a vacant unit, and plenty of potential! Situated on a spacious, flat lot zoned LARD1.5, this centrally located duplex offers a unique opportunity for an investor, owner-user, or buyer looking to explore the property's future development potential. The existing property is a charming 1926 Spanish bungalow-style duplex… Read More featuring two units. The front 1-bedroom, 1-bath unit is currently rented for $1,349 per month, while the rear 2-bedroom, 1-bath unit will be delivered vacant at closing, providing immediate flexibility for an owner-user or the opportunity to renovate and reposition the unit for today's rental market. Beyond the existing improvements, the expansive rear portion of the lot is where the property really stands out. With a large amount of open, usable space, there may be opportunities to add additional units, an ADU, or explore a larger redevelopment of the site, subject to buyer verification and applicable zoning and building requirements. Conveniently located just off the 10 Freeway with easy access throughout Los Angeles, the property combines an existing income-producing unit, a second unit delivered vacant, a strong rental market, and a large LARD1.5 lot with future upside. For buyers looking for a property they can improve, expand, or hold for the future, 2664 S. Redondo Blvd offers a lot of possibilities at an attractive price point. Read Less
Listing Snapshot
Days Online
48
Last Updated
Beds
2
3/4 Baths
2
Square Ft.
1,172
Lot Size
0.11 Acres
Year Built
1926
MLS Number
26973861
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1926, Living area: 1172.0, 1 building, Levels: One
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $47,388, Net Operating Income: $43,788
Lot
0.1104 acres
Parking
Private, RvPotential, Uncovered
Taxes
Parcel Number: 5049020006, Zoning: LARD1.5
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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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