Property Description
A great investment opportunity! Just a short walk to the Redondo Beach Pier, this prime location triplex has incredible upside income potential. There are two 1 bedroom 1 bath units at the front of the property. Behind the duplex sits a free-standing 2 bedroom 1 bath home with a yard and garage along with laundry. Current tenants are month to month with rents below market. With pro-forma rents, you can get to a premium cap rate. This is also a great owner-user for those looking to live in South Redondo and have additional units to help pay rent.
Features
: Wall Furnace
: Shingle
: Electricity - On Property
0
: Electricity Available
: In Garage
: Driveway, Paved, Garage - Single Door, Garage
: Public Sewer
: 1 Common Wall
0
SMULLSTE
: Public
: Back Yard, Front Yard, Rectangular Lot, Lawn, Garden
: Sidewalks, Watersports, Curbs, Dog Park, Fishing
2
1
0
: Cottage
0
Address Map
S Francisca Ave
227
0
W119° 36' 55.5''
N33° 50' 19.2''
MLS Addon
Vista Sotheby’s International Realty
$0
1
5,988 Sqft
Mullins
01487977
: Standard
SB1292420
Steven
East
North of Torrance Blvd.
155 - S Redondo Bch N of Torrance Bl
Two
7505020001
01922362
$0
0
Residential Income Sold
227 S Francisca Ave, Redondo Beach, California 90277
0.14 Sqft
$1,799,000
Listing ID #SB22059403
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : SB22059403
List Price : $1,799,000
Year Built : 1912
Lot Area : 0.14 Sqft
Country : US
State : California
County : Los Angeles
City : Redondo Beach
Zipcode : 90277
Close Price : $1,900,000
Status : Closed
Property Type : Triplex
Price Per Square Foot : $998
Days on Market : 7