2001 Ruhland Ave, a 4-unit investment property in Redondo Beach, California. The property is located between Green and Blossom Lanes just blocks from Aviation Blvd. This area is a solid majority-renter market with low vacancy rates.2001 Ruhland Ave consists of four 2 Bedroom 1 Bathroom Units. All of the units are separately metered for gas and electricity. The property also offers 6 garages and 6 uncovered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.There are three garages generating $3,200 a year in additional income. All units are identical in renovation and layout. Current owner has the highest unit being rented out at$2,595. With a more modern renovation program for the interiors, a new investor can capture even more upside. This building is perfect for an investor seeking a clean bite sized deal in a strong rental market. CALL TODAY!
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C132655
- Stories:
- 2
- Street:
- RUHLAND
- Street Number:
- 2001
- Street Suffix:
- Avenue
- Floor Number:
- 0
- Longitude:
- W119° 37' 23.5''
- Latitude:
- N33° 52' 33.3''
- Listing Courtesy of:
- Marcus & Millichap
- TaxAnnualAmount:
- $0
- Zoning:
- RBR-2
- Lot Size Square Feet:
- 7,510 Sqft
- List Agent Last Name:
- Weir
- List Agent License Number:
- 02038545
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X7515105
- List Agent First Name:
- Jonathan
- Directions:
- Corner of Ruhland Ave and Green Ln
- MLSAreaMajor:
- 151 - N Redondo Bch/Villas North
- Parcel Number:
- 4155019013
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
2001 RUHLAND Avenue, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- 19516162
- List Price :
- $2,150,000
- Year Built :
- 1964
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,165,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Days on Market :
- 7
