$2,969,675
$2,850,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
7,535 Sqft Lot
SOLD DATE : 03/11/2022
Key Details
Sold Price $2,969,675
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22125993
Sold Date 03/11/22
HOA Y/N No
Year Built 1921
Lot Size 7,535 Sqft
Property Description
Prime South Redondo Beach Location - West of Pacific Coast Highway | Just Two City Blocks from the Beach and King Harbor | (4) 1-Bedroom/1-Bathroom Units & (2) 1-Bedroom/1-Bathroom Free-Standing Cottages | Large 7,534-Square Foot Lot with ADU Potential | Tremendous Value-Add Opportunity - Approximately 45% in Rental Upside | 4.76% Pro-Forma Cap Rate & 14.75 Pro-Forma GRM | (4) Single-Car Garages + (1) Surface Space | First Time on The Market in Decades
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Zoning RBR-3A
Interior
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 5
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 7505019020
Special Listing Condition Standard
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Bought with Keith Kelley Palm Realty Boutique
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Broker Associate | Lic# 01905244