Property Description
Well maintained 7 unit apartment building located in North Redondo Beach. First time on the market in almost 40 years. The unit mix consists of a 1-2bd/2ba unit and 6-1bd/1ba units and 7 garages. Property is separately metered for gas and electric and has a leased onsite laundry facility. Property is low maintenance and primarily consists of stable long term tenants. 3 of the units have been recently renovated. Projected rental upside of over 25%. Located in a high demand rental area with close proximity to the beach and convenient access to the 405 freeway. Great opportunity to acquire a quality income producing asset in a highly desirable neighborhood. Back on the market through no fault of the property.
Features
: 7.00
0
: Community
: Garage
: Public Sewer
: 2+ Common Walls
0
PBARTPHI
: Public
: Level
: Sidewalks, Street Lights
2
1
0
0
Address Map
Flagler
1804
Lane
2934
0
W119° 37' 16.3''
N33° 52' 16.8''
MLS Addon
Philip Barton, Broker
$0
7
RBR-3
5,000 Sqft
Barton
01876185
: Trust
PB21579
Philip
From Artesia Blvd, go south on Flagler Ln. Property is located near the corner of Flagler Ln and Vanderbilt Ln
152 - N Redondo Bch/Villas South
Two
4156006014
01876185
$0
0
Residential Income Sold
1804 Flagler Lane, Redondo Beach, California 90278
0.11 Sqft
$2,600,000
Listing ID #PW23095581
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : PW23095581
List Price : $2,600,000
Year Built : 1963
Lot Area : 0.11 Sqft
Country : US
State : California
County : Los Angeles
City : Redondo Beach
Zipcode : 90278
Close Price : $2,500,000
Status : Closed
Property Type : Apartment
Price Per Square Foot : $476
Days on Market : 99