Property Description
Situated on a desirable south Redondo Beach cul-de-sac, this rare investment property features a duplex on an oversized lot earning approximately $6,400 in monthly income. The current owner has put over $80,000 worth of improvements including major retrofits, new driveway, and a complete remodel of the rear unit including new floors, paint, and countertops. Both units are leased thru mid 2019 and tenants pay their own utilities. Both units present significant rent growth potential. The front unit features a private patio with new, no maintenance astro turf. There is also a 3 car garage and separate laundry for each unit. This is a great opportunity for a long term investment with future redevelopment upside to build two townhomes.
Features
: Central
: 3.00
0
: Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Dryer Included, Common Area
: Public Sewer
: No Common Walls
0
sbsakstod
: Public
: Cul-de-sac
: Curbs
Address Map
Gertruda
418
Avenue
2948
0
W119° 36' 43.9''
N33° 50' 55.4''
N
MLS Addon
Vista Sotheby's International Realty
$0
3
RBR-3
5,656 Sqft
Saks
01992499
: Standard
S1092
Todd Knoll
Pacific coast Hwy South, turn left on to Carnelian turn left on to Gertruda destination on your right 418 N gertruda Redondo Beach 90277
155 - S Redondo Bch N of Torrance Bl
7503019020
01922362
$0
0
Residential Income Sold
418 Gertruda Avenue, Redondo Beach, California 90277
$1,395,000
Listing ID #SB18197044
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : SB18197044
List Price : $1,395,000
Year Built : 1960
Country : US
State : California
County : Los Angeles
City : Redondo Beach
Zipcode : 90277
Close Price : $1,400,000
Status : Closed
Property Type : Single Family Residence
Price Per Square Foot : $673
Days on Market : 20