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$1,400,000

FOR SALE
Active

715 Beryl

Redondo Beach, CA

MLS# SB26229770

Apartment
7 days on marketNalren refreshed

Listing Agent

Cameron Samimi

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02035763

(310) 259-7556

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Ryan Versfelt

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02212779

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1926

Year Built

4,639 sqft

Lot Size

N/A

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

715 Beryl Street presents an exceptional investment opportunity in the highly desirable coastal community of Redondo Beach. Offered at $1,400,000, this well-located duplex features two spacious units consisting of (1) 2-bedroom/1-bathroom and (1) 3-bedroom/1-bathroom, totaling approximately 2,000 SF on a 4,639 SF lot. Both units are currently vacant, presenting a rare opportunity for an investor to immediately lease the property at market rents or for an owner-user to occupy one unit while generating rental income from the other. With projected annual rental income of $144,000 and an attractive 8.24% pro forma cap rate, the property offers strong income potential from day one. Ideally situated in the heart of Redondo Beach, just minutes from the coastline, local dining, shopping, and entertainment, 715 Beryl Street combines a desirable South Bay location with the flexibility of two vacant units and significant long-term investment appeal. An outstanding opportunity to acquire a fully vacant coastal duplex with immediate income potential!

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
2–5 Acre Lot

Building

Year Built
1926
Building Area Total
2,000
Stories Total
1

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
1
Parking Total
1

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