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!
- Lot description:RectangularLot
- Garage spaces:6
Type & Style
- Property type:Investment
- Year built:1969
Utilities / Energy Details
- Sewer information:PublicSewer
- Utility source:Public
Community and Neighborhood Details
- County:Los Angeles
- Original List Price:$2, 800, 000
- Buying Agency Compensation:2.000
- MLS #:SB23172337
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Last Updated: . Source: CRMLS
Listing Agent: Austin Zahn (#SBZAHNAUS)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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