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.
- View:
- Pier
- Parking:
- 26.00
- Parking:
- Driveway
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C122805
- Stories:
- 2
- Street:
- Palos Verdes
- Street Number:
- 116
- Street Suffix:
- Boulevard
- Zip4:
- 5811
- Floor Number:
- 0
- Longitude:
- W119° 36' 59.5''
- Latitude:
- N33° 49' 3.3''
- Listing Courtesy of:
- Shield CRE, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 4
- Zoning:
- RERR-MD
- Lot Size Square Feet:
- 7,949 Sqft
- List Agent Last Name:
- Jacoli
- List Agent License Number:
- 01938297
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82383
- List Agent First Name:
- Gianluca
- Directions:
- South of Pacific Coast Highway, West of Prospect Avenue
- MLSAreaMajor:
- 128 - Hollywood Riviera
- Parcel Number:
- 7514001003
- List Agent License Number:
- 02081496
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
116 Palos Verdes Boulevard, Redondo Beach, California 90277
- 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:
- CA
- 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
