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    Property Description

    LOCATION! LOCATION! LOCATION! Perfectly situated one block east of the beaches and waters of the majestic Pacific Ocean and one block west of the galleries, boutiques, restaurants and other attractions of Redondo Beach’s bustling “Riviera Village” shopping district, 1716 Camino De La Costa offers investors tremendous economic upside in an unparalleled location. Featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own desirability as well as the strength of the South Redondo Beach rental market in general. At 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.

    Features
    : 8.00
    0
    : Common Area
    : Public Sewer
    : No Common Walls
    0
    SLESKTOD
    : Public
    : Rectangular Lot
    : Sidewalks, Curbs
    2
    1
    0
    : Ground Level
    Address Map
    Camino De La Costa
    1716
    5416
    0
    W119° 36' 40.9''
    N33° 49' 3.5''
    MLS Addon
    Todd Lesko, Broker
    $0
    8
    6,764 Sqft
    Lesko
    01421116
    : Standard, Trust
    H02968
    Todd
    West on Ave I then South on Camino de la Costa
    157 - S Redondo Bch W of PCH
    7511011021
    01421116
    $0
    0

    Residential Income For Sale

    1716 Camino De La Costa, Redondo Beach, California 90277

    0.16 Sqft
    $4,840,000
    Listing ID #OC25063474
    Basic Details
    Property Type : Residential Income
    Listing Type : For Sale
    Listing ID : OC25063474
    List Price : $4,840,000
    Year Built : 1958
    Lot Area : 0.16 Sqft
    Country : US
    State : California
    County : Los Angeles
    City : Redondo Beach
    Zipcode : 90277
    Status : Active
    Property Type : Commercial/residential
    Price Per Square Foot : $714
    Days on Market : 0
    Agent info
    Contact Agent
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