$2,800,000
For Sale

1714 Clark Lane

Redondo Beach, CA 90278
Courtesy of Lyon Stahl Investment Real Estate, Inc.
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Description

Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow with an impressive 4.86% in-place Cap Rate and 14.52 in-place GRM!

  • Property Details
    • Property
      • Stories:2
      • Lot description:RectangularLot
    • Measurements
      • Acres:0.1722
    • Parking
      • Garage spaces:6
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1969
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 800, 000
      • Buying Agency Compensation:2.000
  • Other
    • Source
      • MLS #:SB23172337

Location

Gary ElminoufiReal Estate Group
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