$4,800,000
$4,800,000
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8 Beds
8 Baths
0.34 Acres Lot
SOLD DATE : 06/16/2023
Key Details
Sold Price $4,800,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23066900
Sold Date 06/16/23
Bedrooms 8
HOA Y/N No
Lot Size 0.344 Acres
Property Description
Welcome to your next investment opportunity in Redondo Beach! This amazing 10-unit apartment building was built in 1970 and boasts an ideal unit mix of nine two-bedroom 1.5-bath townhouse-style units, and one spacious 3-bedroom 2-bath, 1,500 sqft house with an attached 2-car garage. Each of the nine townhouse-style units features a well-designed floor plan, offering a comfortable and spacious living area, two generously sized bedrooms, and 1.5 baths. The 3-bedroom house is a rare gem, providing even more living space with an in-unit washer/dryer and an attached 2-car garage for added convenience. Six of ten units have undergone various levels of upgrades. The property is an all electric building with a shared onsite laundry facility to service the nine 2-bedroom units. Located in the heart of Redondo Beach, this apartment building is just minutes away from beautiful beaches, shopping centers, restaurants, and entertainment options. The property is also conveniently located near major freeways, providing easy access to neighboring cities and attractions. With its prime location, amazing unit mix, and rare 3-bedroom house, this property is a perfect investment opportunity for those looking to expand their portfolio. Don't miss out on this incredible opportunity to own a piece of Redondo Beach!
Welcome to your next investment opportunity in Redondo Beach! This amazing 10-unit apartment building was built in 1970 and boasts an ideal unit mix of nine two-bedroom 1.5-bath townhouse-style units, and one spacious 3-bedroom 2-bath, 1,500 sqft house with an attached 2-car garage. Each of the nine townhouse-style units features a well-designed floor plan, offering a comfortable and spacious living area, two generously sized bedrooms, and 1.5 baths. The 3-bedroom house is a rare gem, providing even more living space with an in-unit washer/dryer and an attached 2-car garage for added convenience. Six of ten units have undergone various levels of upgrades. The property is an all electric building with a shared onsite laundry facility to service the nine 2-bedroom units. Located in the heart of Redondo Beach, this apartment building is just minutes away from beautiful beaches, shopping centers, restaurants, and entertainment options. The property is also conveniently located near major freeways, providing easy access to neighboring cities and attractions. With its prime location, amazing unit mix, and rare 3-bedroom house, this property is a perfect investment opportunity for those looking to expand their portfolio. Don't miss out on this incredible opportunity to own a piece of Redondo Beach!
Location
State CA
County Los Angeles
Area Redondo Beach (90278)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $319
Acceptable Financing Cash
Space Rent $1,650
Listing Terms Cash
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Bought with Austin Zahn • Lyon Stahl Investment Real Estate, Inc.