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PRICE $2,350,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,342 sqft
LOT SIZE 7,506 sqft

Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

DAYS ON MARKET 21 LAST UPDATED 11/1/2024
YEAR BUILT 1962 COMMUNITY N Redondo Bch/Villas South
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA N Redondo Bch/Villas South
GARAGE Yes
LOT 7504 sq ft
LOT DESCRIPTION 2-5 Units/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING RBR-3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Buckingham Investments, Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from CRMLS as of 11/21/24 10:17 PM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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