Property Description
Significant Price reduction. The lowest price per sq. Ft. Units in all of Redondo Beach – only $446/sq.ft. Which means lots of rent upside. Four Unit building in El Nido area of North Redondo. Rents have not been raised in a long time and approximately 60% in rental upside. All units have 2 bathrooms. Two bedroom + 2 bath front house. In the back are two more 2 bedroom + 2 bath units, as well as a 3 bedroom + 2 bath owner’s unit. Four Garage Spaces. 14.46 GRM and 4.84% cap rate at Market Rents. Front house built in 1953. Back 3 units built in 1963.
Features
: 4.00
0
: Public Sewer
: No Common Walls
0
SMILMIC
: Public
: Level With Street
: Sidewalks, Curbs
0
Address Map
Huntington
2621
Lane
4526
0
W119° 38' 15.1''
N33° 52' 5.9''
MLS Addon
Keller Williams Beach Cities
$0
4
RBR-2
7,504 Sqft
Millea
01069014
: Standard
S6403
Michael
Go East on Grant from Aviation Blvd. turn right on Felton and Left on Huntington Lane
153 - N Redondo Bch/El Nido
Two
4082005024
01368364
$0
0
1.11
Residential Income Sold
2621 Huntington Lane, Redondo Beach, California 90278
0.17 Sqft
$1,995,000
Listing ID #SB21189414
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : SB21189414
List Price : $1,995,000
Year Built : 1953
Lot Area : 0.17 Sqft
Country : US
State : California
County : Los Angeles
City : Redondo Beach
Zipcode : 90278
Close Price : $1,900,000
Status : Closed
Property Type : Single Family Residence
Price Per Square Foot : $425
Days on Market : 53