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
- Heating System:
- Central
- Parking:
- 2.00
- New Construction YN:
- 0
- Laundry:
- Community, Washer Included, No, Washer Hookup, Upper Level
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- sbsakstod
- Water Source:
- Public
- Lot Features:
- Cul-de-sac
- Community Features:
- Curbs
Address Map
- Street:
- Gertruda
- Street Number:
- 418
- Street Suffix:
- Avenue
- Zip4:
- 2948
- Floor Number:
- 0
- Longitude:
- W119° 36' 43.9''
- Latitude:
- N33° 50' 55.4''
- Street Dir Prefix:
- N
MLS Addon
- Listing Courtesy of:
- Vista Sotheby's International Realty
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 3
- Zoning:
- RBR-3
- Lot Size Square Feet:
- 5,656 Sqft
- List Agent Last Name:
- Saks
- List Agent License Number:
- 01992499
- Special Listing Conditions:
- Standard
- List Office ID:
- S1092
- List Agent First Name:
- Todd Knoll
- Directions:
- Pacific coast Hwy South, turn left on to Carnelian turn left on to Gertruda destination on your right 418 N gertruda Redondo Beach 90277
- MLSAreaMajor:
- 155 - S Redondo Bch N of Torrance Bl
- Parcel Number:
- 7503019020
- List Agent License Number:
- 01922362
- TaxAnnualAmount:
- $0
- TaxYear:
- 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:
- CA
- 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
