1920 Rockefeller Lane, Redondo Beach, CA 90278
Triplex
Sold September 2024
Listing Agent: Keith Brabec (DRE #01206669) · Listing Office: Century 21 Union Realty · Contact: 310-344-9322 · Bought with: Melissa Pilon · Compass · MLS #SB24132969 · Source: CRMLS
About this triplex
Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history