Marcus & Millichap is pleased to present the opportunity to acquire a turnkey fourplex in Redondo Beach, a coastal South Bay submarket with consistent rental demand and convenient access to beaches, retail, dining, and major freeways. The property has been extensively remodeled and offers a strong unit mix consisting of one four-bedroom/three-bathroom unit, two two-bedroom/two-bathroom units, and one two-bedroom/one-bathroom unit. Current rents provide approximately nine percent rental upside, offering investors an opportunity to increase income through future lease turnover.
2118 Carnegie Lane features completely remodeled interiors with vinyl plank flooring, quartz countertops, stainless steel appliances, updated cabinetry, modern fixtures, and stacking laundry units. The property also boasts rooftop decks, garages with EV charging capability, storage, security features, a new roof, repaved driveway, and more.
This offering presents an opportunity to acquire a pride-of-ownership asset in a highly desirable coastal rental market.
- Pool:
- No
- Parking:
- 6.00
- New Construction YN:
- 0
- Laundry:
- Inside
- Sewer:
- Public Sewer
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- PBOYOSTE
- Water Source:
- Public
- Lot Features:
- Rectangular Lot
- Community Features:
- Suburban
- Stories:
- 2
- Entry Level:
- 1
- Entry Location:
- Yes
- Street:
- Carnegie
- Street Number:
- 2118
- Floor Number:
- 0
- Longitude:
- W119° 37' 36.5''
- Latitude:
- N33° 52' 14.5''
- Listing Courtesy of:
- Steven M. Bogoyevac, Broker
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Lot Size Square Feet:
- 7,493 Sqft
- List Agent Last Name:
- Bogoyevac
- List Agent License Number:
- 01332755
- Special Listing Conditions:
- Standard
- List Office ID:
- PB13351
- List Agent First Name:
- Steven
- Directions:
- between Rindge and Blossom
- MLSAreaMajor:
- 152 - N Redondo Bch/Villas South
- Parcel Number:
- 4156009003
- List Agent License Number:
- 01332755
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
2118 Carnegie, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- PW26176519
- List Price :
- $3,045,000
- Year Built :
- 1972
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Status :
- Active
- Property Type :
- Quadruplex
- Price Per Square Foot :
- $574
- Days on Market :
- 1
