8
Bedrooms
$3,950,000
FOR SALERedondo Beach, CA
MLS# 26103119
Noam Srolovitz
Listing Agent
Kape Property Management, Inc.
DRE #: 02069623
(310) 912-7808Brokerage: Kape Property Management, Inc.
Benjamin Lester
Co-Listing Agent
Kape Property Management, Inc.
DRE #: 02033314
Brokerage: Kape Property Management, Inc.
8
Bedrooms
7
Bathrooms
4,352 sqft
Square Feet
1906
Year Built
7,608 sqft
Lot Size
$908
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.
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Closed sales reported in 90277, nearest first, last 12 months. All recent sales in Redondo Beach →
108 N Broadway
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