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418 N Gertruda Avenue, Redondo Beach, CA 90277

Property · 2 recorded sales since 2016

418 N Gertruda Avenue, Redondo Beach, CA 90277 Sold September 2018 CRMLS
$1,400,000Sold September 2018

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

5,656 sqft
Lot Size
1960
Year Built
Property
Type
3
Garage
Central
Heating

About this property

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.

Sale history

$1,400,000
Sold September 2018 · listed $1,395,000, on market August 2018 · MLS #SB18197044 · Source: CRMLS
Listing Agent: Todd Knoll Saks · Listing Office: Vista Sotheby's International Realty · Contact: 310-541-8271 · Bought with: Jesse Dougherty · BerkshireHathaway HomeServices
$1,250,000
Sold May 2016 · on market March 2016 · MLS #SB16047869 · Source: CRMLS
Listing Agent: Sara Magers · Listing Office: Lyon Stahl Investment RE, Inc. · Contact: 310-425-9838 · Bought with: Daniel Jensen · Keller Williams Beach Cities
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