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    Property Description

    Fantastic opportunity to purchase a four-unit apartment in South Redondo Beachs hottest market: The Hollywood Riviera. All units have OCEAN VIEWS, and each unit has a LARGE PRIVATE DECK! Premier location directly across the street from Riviera Village, only a few blocks from the Pacific Ocean. Units are massive with average size of 1,412-SQUARE FEET! Outstanding unit mix of (two) 2-bedroom/1.5-bathroom townhouse-style units & (two) 2-bedroom/2-bathroom units. 5,648-square feet of total living space on a large 7,954-square foot lot. Two units have fireplaces, one unit has an additional den, and building features (four) 1-car garages. The property presents a TREMENDOUS VALUE-ADD COMPONENT with 72% in RENTAL UPSIDE. Property is a residential asset which qualifies for attractive residential financing. The asset contains spacious floor plans on a large lot and is priced at $558 PER SF! Generational asset in an excellent South Redondo Beach location, perfect opportunity for owner-user or long-term investors.

    Features
    : Ocean
    : 4.00
    : Garage
    0
    CLW-C122805
    2
    Address Map
    Palos Verdes
    116
    Boulevard
    5811
    0
    W119° 36' 59.5''
    N33° 49' 3.3''
    MLS Addon
    Shield CRE, Inc.
    $0
    4
    RERR-MD
    7,949 Sqft
    Jacoli
    01938297
    : Standard
    CLW-X82383
    Gianluca
    South of Pacific Coast Highway, West of Prospect Avenue
    128 - Hollywood Riviera
    7514001003
    02081496
    $0
    0

    Residential Income Sold

    116 Palos Verdes Boulevard, Redondo Beach, California 90277

    0.18 Sqft
    $3,150,000
    Listing ID #21734070
    Basic Details
    Property Type : Residential Income
    Listing Type : Sold
    Listing ID : 21734070
    List Price : $3,150,000
    Year Built : 1957
    Lot Area : 0.18 Sqft
    Country : US
    State : California
    County : Los Angeles
    City : Redondo Beach
    Zipcode : 90277
    Water front Features : Ocean Front
    Close Price : $2,625,000
    Status : Closed
    Property Type : Single Family Residence
    Price Per Square Foot : $465
    Days on Market : 43
    Agent info
    Contact Agent
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