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.
- Pool:
- No
- Parking:
- 8.00
- New Construction YN:
- 0
- Laundry:
- Common Area
- Sewer:
- Public Sewer
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SLESKTOD
- Water Source:
- Public
- Lot Features:
- Rectangular Lot
- Community Features:
- Sidewalks, Curbs
- Stories:
- 2
- Entry Level:
- 1
- Association:
- 0
- Entry Location:
- Ground level
- Street:
- Camino De La Costa
- Street Number:
- 1716
- Zip4:
- 5416
- Floor Number:
- 0
- Longitude:
- W119° 36' 40.9''
- Latitude:
- N33° 49' 3.5''
- Listing Courtesy of:
- Todd Lesko, Broker
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 8
- Lot Size Square Feet:
- 6,764 Sqft
- List Agent Last Name:
- Lesko
- List Agent License Number:
- 01421116
- Special Listing Conditions:
- Standard, Trust
- List Office ID:
- H02968
- List Agent First Name:
- Todd
- Directions:
- West on Ave I then South on Camino de la Costa
- MLSAreaMajor:
- 157 - S Redondo Bch W of PCH
- Parcel Number:
- 7511011021
- List Agent License Number:
- 01421116
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1716 Camino De La Costa, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- OC25063474
- List Price :
- $4,356,000
- Year Built :
- 1958
- Lot Area :
- 0.16 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Status :
- Pending
- Property Type :
- Commercial/residential
- Price Per Square Foot :
- $643
- Days on Market :
- 444
