$2,600,000
For Sale

1804 Flagler Lane

Redondo Beach, CA 90278
Courtesy of Philip Barton, Broker
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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
    • Property
      • View:None
      • Stories:2
      • Lot description:Level
    • Measurements
      • Acres:0.1148
    • Parking
      • Garage spaces:7
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1963
  • 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 #:PW23095581

Location

Gary ElminoufiReal Estate Group
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