$1,900,000
$2,175,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
8,616 SqFt
SOLD DATE : 10/31/2024
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,616 sqft
Price per Sqft $220
MLS Listing ID PW24183864
Sold Date 10/31/24
HOA Y/N No
Year Built 1954
Lot Size 0.475 Acres
Property Description
712-722 West Redondo Beach Boulevard in Gardena, California comprises three fourplexes with all one-bedroom units on three contiguous parcels that total 0.47 acres. Each unit has a single-car garage, new windows, and is separately metered for gas and electricity.
The property is in a strong rental location conveniently near the 110 Freeway, retail, and within just blocks of two of Gardena’s largest employers.
With 57 percent potential upside in rents, 712-722 West Redondo Beach Boulevard is an excellent value-add opportunity.
Location
State CA
County Los Angeles
Area 116 - North Gateway
Zoning LAR3
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Suburban
Total Parking Spaces 12
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6120008016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker
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Broker Associate | Lic# 01905244