Address
224 S Broadway Redondo Beach, CA
Price
$ 2,350,000
Property Attributes
- MLS#SB20263623
- TypeIncome
- CountyLOS ANGELES
- CityRedondo Beach
- AreaS Redondo Bch W of PCH
- Zip90277
- Style
- Price$ 2,350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,505 SqFt
Listing Provided Courtesy Of:
Takeshi Kida with Meldia Investment Realty of America.
Property Description
PRICE REDUCED. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs, vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss this opportunity - Bring your offer now while it lasts!! Please note: the historical application has been applied.
| Price History | |
|---|---|
| 12/30/2020 | Listed $2,350,000 |
General Features
| Attached Structure | Detached |
|---|---|
| Community Features | Sidewalks |
| Directions | West of PCH & North of Torrance Blvd, Property on the right side of Broadway |
| Garage Spaces | 2.00 |
| HOA Fee | 0.00 |
| Listagentaor | South Bay |
| Listing Agent | Takeshi Kida - BRE#02096893 |
| Listing Agent State License | 02096893 |
| MLS Area | 157 - S Redondo Bch W of PCH |
| Pool Features | None |
| Sewer | Public Sewer |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 4 |
| Zoning | RBR-3A |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
|---|---|
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Common Walls | No Common Walls |
| Laundry Features | Inside |
| Laundry Y/N | Yes |
| Studio Area Unit Type | Square Feet |
Exterior Features
| Building Area Total | 0.00 |
|---|---|
| Lot Features | 2-5 Units/Acre |
| Lot Size Acres | 0.1723 |
| Lot Size Area | 7505.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 7505.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 4 |
| Number of Separate Electric Meters | 4 |
| Number of Separate Gas Meters | 4 |
| Number of Separate Water Meters | 1 |
| Total Parking | 6.00 |
| Uncovered Spaces | 4.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90277
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 22, 2021 1:13 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
