Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
- Parking:
- 20.00
- New Construction YN:
- 0
- Laundry:
- See Remarks
- Sewer:
- Conventional Septic
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBZAHNAUS
- Water Source:
- Public
- Lot Features:
- Rectangular Lot
- Community Features:
- Sidewalks
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Front & Side Entries
- Street:
- Clark
- Street Number:
- 1714
- Street Suffix:
- Lane
- Zip4:
- 4141
- Floor Number:
- 0
- Longitude:
- W119° 37' 5''
- Latitude:
- N33° 51' 57.2''
- Listing Courtesy of:
- Lyon Stahl Investment Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Zoning:
- RBR-2
- Lot Size Square Feet:
- 7,503 Sqft
- List Agent Last Name:
- Zahn
- List Agent License Number:
- 01936451
- Special Listing Conditions:
- Standard
- List Office ID:
- sb1310620
- List Agent First Name:
- Austin
- Directions:
- Between Harkness Ln and Ford Ave
- MLSAreaMajor:
- 154 - N Redondo Bch/Golden Hills
- Parcel Number:
- 4161010027
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
1714 Clark Lane, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB23172337
- List Price :
- $2,650,000
- Year Built :
- 1969
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,559,500
- Status :
- Closed
- Property Type :
- Quadruplex
- Price Per Square Foot :
- $665
- Days on Market :
- 86
