1804 Flagler Lane
Redondo Beach, CA 90278
0.11 acres | #PW23095581
Description
Well maintained 7 unit apartment building located in North Redondo Beach. First time on the market in almost 40 years. The unit mix consists of a 1-2bd/2ba unit and 6-1bd/1ba units and 7 garages. Property is separately metered for gas and electric and has a leased onsite laundry facility. Property is low maintenance and primarily consists of stable long term tenants. 3 of the units have been recently renovated. Projected rental upside of over 25%. Located in a high demand rental area with close proximity to the beach and convenient access to the 405 freeway. Great opportunity to acquire a quality income producing asset in a highly desirable neighborhood. Back on the market through no fault of the property.
Property Details
- Lot DescriptionLevel
- Stories2
Measurements
- Acres0.1148
Construction Details
- Property TypeInvestment
Condition
- Year Built1963
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,800,000
- Buying Agency Compensation2.000
Other
- MLS #PW23095581
-
- Garage Spaces7
Location
Legal
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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: Philip Barton (#PBARTPHI)
Listing Office: Philip Barton, Broker (#PB21579)
Listing Courtesy (Buyer)
Buyer's Agent: Rick Pranada (#SBPRANRIC)
