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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,600,000

Est. payment - /mo

7,496 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26068791

HOA Y/N No

Year Built 1968

Lot Size 7,496 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity in the highly desirable North Redondo Beach area.
This well-established quadruplex was built in 1968 and has been carefully maintained and updated. It has a total of 10 beds, 8 baths
This building provides strong income potential in one of the South Bay's most sought-after coastal communities. This turnkey investment opportunity gives you the option to focus on the profits. Each unit has a private garage. Whether you are a seasoned investor looking to expand your portfolio or discovering new ways to start creating long term wealth, this opportunity is ideal.
Even the shared laundry room creates extra income . All units are currently occupied, with income producing potential, three of which are month to month rentals.

Location

State CA

County Los Angeles

Area 151 - N Redondo Bch/Villas North

Interior

Heating Radiant

Cooling None

Fireplaces Type None

Inclusions Refrigerators, microwaves, stoves in each unit

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Utilities Available Natural Gas Not Available

Amenities Available Maintenance Grounds

Roof Type Asbestos Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4155005029

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash to Existing Loan, Trust Conveyance, Trust Deed

Listing Terms Cash to Existing Loan, Trust Conveyance, Trust Deed

Special Listing Condition Trust

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Listed by Ada Steib Vista Sotheby's International Realty 310-266-7177, DRE #01996607

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1925 Gates AVE Redondo Beach, CA 90278