$2,600,000
$2,650,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
9 Baths
5,108 Sqft Lot
SOLD DATE : 08/07/2024
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24035242
Sold Date 08/07/24
Bedrooms 10
HOA Y/N No
Lot Size 5,108 Sqft
Property Description
Presenting 1207 Beryl St, Redondo Beach. This property is now offered at an exceptional return of 5.15%, setting it apart as the only 5+ CAP that is turnkey and this close to the ocean! Dont miss out, as this property will not last! 1207 consists of 4 beautifully renovated units located just east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor! The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems, and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer, and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet.
Presenting 1207 Beryl St, Redondo Beach. This property is now offered at an exceptional return of 5.15%, setting it apart as the only 5+ CAP that is turnkey and this close to the ocean! Dont miss out, as this property will not last! 1207 consists of 4 beautifully renovated units located just east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor! The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems, and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer, and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet.
Location
State CA
County Los Angeles
Area Redondo Beach (90277)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $97
Acceptable Financing Cash
Space Rent $4,975
Listing Terms Cash
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Bought with Clifford Scherb • Vista Sotheby’s International Realty