$3,625,000
$3,810,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
8 Baths
5,303 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $3,625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,303 sqft
Price per Sqft $683
MLS Listing ID 24348501
Sold Date 09/06/24
Bedrooms 15
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1959
Lot Size 7,505 Sqft
Acres 0.1723
Property Description
We are pleased to present this turnkey 7 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive unit mix of six 2-Bed/1-Bath & one 3-Bed/2-Bath. The entire property has been professionally designed, upgraded and permitted, including complete replacement of the electrical, plumbing and sewer systems, installation of air conditioning in every common area and bedroom, addition of a ~1,200 sqft ADU (highest rent in the building), new windows, kitchens, bathrooms, flooring, etc. Lease-up produced fantastic and quick results, with just one vacancy (unit F) remaining. These apartments lease FAST due to exquisite exterior and interior design, amenities like AC and in-unit laundry, fantastic outdoor spaces and location. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482.
Location
State CA
County Los Angeles
Area 151 - N Redondo Bch/Villas North
Zoning RBR-3
Rooms
Ensuite Laundry Inside, Stacked
Interior
Interior Features Ceiling Fan(s)
Laundry Location Inside,Stacked
Heating Combination
Cooling Dual
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
Laundry Inside, Stacked
Exterior
Exterior Feature Rain Gutters
Garage Assigned
Parking Type Assigned
Total Parking Spaces 7
Building
Lot Description Back Yard, Yard
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4155032010
Special Listing Condition Standard
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Bought with Anthony Granados • Beverly and Company, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "