Don't miss out on this excellent investment opportunity in the vibrant city of Redondo Beach! This property offers a 4-unit building, each featuring two bedrooms, one bath, a family room, and a living room. Recent renovations have transformed these units into modern and comfortable living spaces, making it an attractive choice for tenants. Key Features: 4-unit building in a prime location. Each unit offers 2 bedrooms, 1 bath, family room, and living room. Recent renovations including updated electrical wiring and plumbing systems. Stylish light fixtures, kitchen cabinets, floors, bathroom vanities, and tiles. Appliances such as dryers and washers included in each unit. Dedicated parking spot available for convenience. The current rental income for one unit is $3,000 per month, while the remaining three units generate $2,500 each per month with a potential to increase $3,000. All leases are signed with annual contracts. Located in Redondo Beach, this property benefits from its proximity to a wide range of amenities, including schools, shopping centers, dining options, and recreational facilities. Its convenient location offers easy access to major transportation routes, making it an ideal choice for tenants seeking a comfortable and convenient lifestyle. Whether you're an experienced investor or looking to enter the real estate market, this property is a great choice.
- Lot description:CornerLot
Type & Style
- Property type:Investment
- Year built:1930
Utilities / Energy Details
- Sewer information:PublicSewer
- Utility source:Public
- Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Community and Neighborhood Details
- County:Los Angeles
- Original List Price:$2, 100, 000
- Buying Agency Compensation:2.500
- MLS #:PV23149745
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Last Updated: . Source: CRMLS
Listing Agent: Amir Amiri (#VAMIRAMI)
Listing Office: Merit Real Estate (#V7765)
Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!