$4,450,000
$4,800,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
8 Baths
8,559 Sqft Lot
SOLD DATE : 06/27/2023
Key Details
Sold Price $4,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23038109
Sold Date 06/27/23
Bedrooms 9
HOA Y/N No
Lot Size 8,559 Sqft
Property Description
This offering presents an excellent opportunity to acquire an asset property in a sought after, affluent rental market and capture potential upside. Great location in South Redondo Beach, close proximity to the Hollywood Riviera shops and beach! The windows on the north & west side of the building were replaced with Milgard dual pane windows. All of the units have been updated. Termite treatment and wood repair work just done. The two 3 bedroom/1-3/4 bath units each have a fireplace and double garage. The six 2 bedroom/1-3/4 bath units have a single garage each. All 5 garages have automatic openers. Each unit contains an enclosed patio or spacious balcony. Laundry facility and owner's storage room on site.
This offering presents an excellent opportunity to acquire an asset property in a sought after, affluent rental market and capture potential upside. Great location in South Redondo Beach, close proximity to the Hollywood Riviera shops and beach! The windows on the north & west side of the building were replaced with Milgard dual pane windows. All of the units have been updated. Termite treatment and wood repair work just done. The two 3 bedroom/1-3/4 bath units each have a fireplace and double garage. The six 2 bedroom/1-3/4 bath units have a single garage each. All 5 garages have automatic openers. Each unit contains an enclosed patio or spacious balcony. Laundry facility and owner's storage room on site.
Location
State CA
County Los Angeles
Area Redondo Beach (90277)
Zoning Appraiser
Interior
Heating Natural Gas
Exterior
Exterior Feature Stucco
Garage Unit1:Assigned
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $213
Acceptable Financing Cash, Exchange
Space Rent $2,850
Listing Terms Cash, Exchange
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Bought with Brian Estes • Re/Max Commercial & Investment