Property listed by ADW Management USA, Inc., Mariko Artis [email protected]
$2,900,000
Corner lot investment opportunity in the desirable North Redondo Beach area! This professionally managed property consists of six fully occupied 2-bedroom 1 bath units, all of which have been upgraded in the past. Each unit has a single parking spot inside shared garages, with the ability to park another car… Read More tandem in the driveway. Furthermore, behind each garage parking spot is a laundry hook up for each unit! The property has also been recently upgraded with a new electric main panel and subpanels, a newer roof, and a deck replacement. The property is within a highly rated school district and offers easy access to the 405 freeway and major aerospace industries. Tenants enjoy living in close proximity to an array of beaches, piers, parks, and shopping & dining options. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1958
MLS Number
SB26093562
Additional Details
Building
Built in 1958, 1 building, Building faces South, 2 stories, Levels: Two, Entry level: 1, Entry location: Ground
Community
StreetLights, Sidewalks
Cooling
None
Expenses
Electric: $842, Gardener: $3,000, Insurance: $8,917, Maintenance: $8,000, Operating: $76,159, Pest Control: $606, Trash: $4,526, Water/Sewer: $3,990, Other Expense: $1,000
Fireplaces
None
Garage
6 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $177,780, Gross ScheduledIncome: $177,780, Net Operating Income: $96,288
Laundry
InGarage
Lot
0.1721 acres, ZeroToOneUnitAcre
Parking
6 open parking spaces, 12 total parking spaces, Garage, Tandem, Uncovered
Pool
None
Roof
Composition
Sewer
PublicSewer
Taxes
Parcel Number: 4153026013, Tax Block: 7, Lot: 13
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, 7 separate electric meters, 6 separate gas meters
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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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