$3,187,500
$3,300,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
5,626 Sqft Lot
SOLD DATE : 09/25/2023
Key Details
Sold Price $3,187,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23146544
Sold Date 09/25/23
Bedrooms 9
HOA Y/N No
Lot Size 5,626 Sqft
Property Description
Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bays largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. Now operating at a 4.69% CAP, with units recently resigning first or second year terms at increased rates, this property is ready for someone to benefit from long term headache free stabilized cash-flow!
Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bays largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. Now operating at a 4.69% CAP, with units recently resigning first or second year terms at increased rates, this property is ready for someone to benefit from long term headache free stabilized cash-flow!
Location
State CA
County Los Angeles
Area Redondo Beach (90278)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $164
Acceptable Financing Cash
Space Rent $3,999
Listing Terms Cash
Financing Cash
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Bought with Patricia Blakemore • Palm Realty Boutique, Inc.