Redondo Beach - Beach Property For Sale #5388636

First time on the market in over 28 years! This is an excellent opportunity for a yield-focused investor to acquire a well-located, upgraded 4-unit asset in North Redondo Beach. Large corner lot. The property boasts a spacious 3 Bed / 3 Bath owners' unit, (1) 2 Bed / 3 Bath unit, (1) 2 Bed / 1 Bath unit, and (1) 1 Bed / 1 Bath unit. Constructed in 1971, the property consists of 4,680 SF of living space, situated on a 7,511 SF lot. All units are separately metered for electricity and gas. Ample parking with six garages. Significant rental upside on the three month-month tenant occupied units.
Rent roll / pro-forma in supplement. Expenses are not actual (estimated).
Do not disturb tenants.