1714 Clark Lane, Redondo Beach, CA 90278
Fourplex · 2 recorded sales since 2020
Sold February 2024
Listing Agent: Austin Zahn (DRE #01936451) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-613-1251 · Bought with: Nicholas Phillips · Compass · MLS #SB23172337 · Source: CRMLS
About this fourplex
Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units. This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package. Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history
