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601 Garnet Street

Redondo Beach, CA 90277

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  • 5,106 Sq. Ft.
  • 0.20 Acres
Active

$2,700,000

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Gary Elminoufi
Real Estate Group
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Description

Back on market. One of a kind registered historic landmark on 8876 sq. ft. corner lot with 180' of street frontage. 4 owners since built. House-like units with 9' to 12' ceilings, front patios with ocean/PV views and rear doors opening to large grass backyards, dining rooms, skylights, laundry rooms, hardwood floors, plaster walls, lots of built-ins and character. Upper owners unit has windows on 3 sides, formal read more dining + breakfast rooms and 2 decks. Lower owners unit (former grocery) is huge, currently 2 bed 2 baths + den/kids bed with 12' ceilings, could be converted to New York style loft. The three 1 beds could be expanded in back into 2 bed 2 baths. Building is larger than tax records state. Copper plumbing, EQ retrofitted, separate meters. 5 garages, could be rented separately. Long term tenants, huge upside in rents. Wide quiet street 6 blocks to beach. Mills Act landmark status provides apx. 65% reduction in property taxes. Paid $2.6M 3 years ago and put $ into it, losing 100k @ this price. Vintage SFR + 2 condos next door sold for $5,125,000. Current loan $1,773,000 with Malaga. Seller could take lower value property in trade.

Key Details

Property Info

  • Cost: $2,700,000
  • Square Feet: 5,106
  • Built In: 1926
  • Acres: 0.2038
  • Style: Spanish
  • MLS #: SB20033834

Location

601 Garnet Street Redondo Beach, CA 90277
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Agent

Gary Elminoufi
Real Estate Group

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Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance.
$1,299
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Listing Providers

This listing is courtesy of the listing agent Leo Nordine (#SNORDLEO), with the office Nordine Realtors, Inc..
Copyright 2020 California Regional Multiple Listing Service (CRMLS). The information is being provided by California Regional Multiple Listing Service. This information is believed to be accurate but is not guaranteed Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of California Regional Multiple Listing Service. Last updated on Mar 24th, 2020.

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Gary Elminoufi
Real Estate Group
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Gary Elminoufi

Gary Elminoufi

Beach City Brokers

Our office is located at 200 South Pacific Coast Highway.
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