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424 Broadway , Redondo Beach, CA - 90277 is For Sale

  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
  • SB24088634
$1,999,000· Income property

Description

Two blocks from the beach, this 100 year old income producing property can be used in so many ways! Strictly rental income, owner occupied + income, or development opportunity! Property is designated on the historical gold list - Class C. City of Redondo Beach records show subject property is a single-family home, and zoned R3. Sellers disclose an additional 3 standalone units on property may be non-conforming. Additional units include two 1bdr 1bath units and one studio. All units have been partially updated. All tenants under one year lease agreements, except for front house moving 15th of May.

Features

MLS#: SB24088634
List Price : $1,999,000
Total Units : 4
CAP rate : $4.03
Net Operating Income : $80,645
Sq M : 594 M2
Year Built : 1917
Days on market : 17 Days
Gross taxes : N/A
Address : 424 Broadway
City : Redondo Beach
State : CA
Zip Code : 90277
Neighborhood : N/A
Appliances : Dishwasher, Freezer, Disposal, Gas Range, Refrigerator
Fireplace Features : None
Stories : 1
Laundry : Community, Individual Room, Washer Hookup, Washer Included
Parking Features : Driveway, Concrete, Street
Sale Type : Standard
Spa : None
View : Neighborhood
 
Property Type : Residential Income
Original List Price : $1,999,000
Acres : 0.1469
Lot Dimensions : 40x160
Lot Size (Acres) : 0.1469
Heating : Natural Gas
Water : Public
Sewer : Public Sewer
Parking Features : Driveway, Concrete, Street
Pool Desc : None
Security Safety : Carbon Monoxide Detector(s), Smoke Detector(s)
Utilities : Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Cooling : None
Driving Directions : PCH to Ruby, Right on Broadway
Lot Features : Back Yard, Front Yard, Lawn, Near Public Transit, Park Nearby, Sprinkler System
 
Courtesy of : Jeanevra Calhoun , Beach City Brokers

Location

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