1714 Clark Lane
Redondo Beach, CA 90278
#SB23172337
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
Legal
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. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. 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 California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Austin Zahn (#SBZAHNAUS)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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