9
Bedrooms
$2,295,000
FOR SALERedondo Beach, CA
MLS# 26103534
Jonathan Nikfarjam
Listing Agent
Shield CRE, Inc.
DRE #: 01856803
(310) 593-9869Brokerage: Shield CRE, Inc.
9
Bedrooms
8
Bathrooms
4,610 sqft
Square Feet
1965
Year Built
7,300 sqft
Lot Size
$498
Price/Sq Ft
6
Garage Spaces
N/A
HOA
N/A
Property Type
Fourplex in South Redondo Beach on a Quiet Residential Cul-de-Sac Street | Exceptional Owner-User Opportunity with Renovated 2-Bedroom/2-Bathroom Unit Delivered Vacant | One Mile from the Redondo Beach Pier, King Harbor & Pacific Ocean | Outstanding Unit Mix of Three-Bedroom & 2-Bedroom Units | Front 3-Bedroom Townhouse with Open Floor Plan, Vaulted Ceilings, Fireplace, Large Private Deck & Private Yard | Each Unit Contains Private Outdoor Space | Newer Roof & Full Copper Plumbing | 4.73% Current Cap Rate & 14.51 Current GRM | 5.98% Pro-Forma Cap Rate & 12.22 Pro-Forma GRM | 4,610-SF Building on a Large 7,300-SF Lot | No Local Rent Control - Defaults to AB 1482 | Property is on RUBs Program Reduces Operational Expenses for Landlord | Six Garage Spaces | Desirable Opportunity to Add ADUs | On-Site Laundry Facility | All Electric Building | Qualifies for Residential Financing
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