Property · 2 recorded sales since 2016
Listing Agent: Todd Knoll Saks (DRE #01992499) · Listing Office: Vista Sotheby's International Realty · Contact: 310-541-8271 · Bought with: Jesse Dougherty · BerkshireHathaway HomeServices · MLS #SB18197044 · Source: CRMLS
Situated on a desirable south Redondo Beach cul-de-sac, this rare investment property features a duplex on an oversized lot earning approximately $6,400 in monthly income. The current owner has put over $80,000 worth of improvements including major retrofits, new driveway, and a complete remodel of the rear unit including new floors, paint, and countertops. Both units are leased thru mid 2019 and tenants pay their own utilities. Both units present significant rent growth potential. The front unit features a private patio with new, no maintenance astro turf. There is also a 3 car garage and separate laundry for each unit. This is a great opportunity for a long term investment with future redevelopment upside to build two townhomes.
Listing description from the September 2018 sale, as reported to CRMLS.