2103 Carnegie Lane, Redondo Beach, CA 90278

About this property

Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$2,340,000

Sold July 2024 · listed $2,400,000, on market May 2024 · MLS #24386597 · Source: CRMLS

Listing Agent: Gianluca Jacoli · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Gianluca Jacoli · Shield CRE, Inc.

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