Rare eight-unit coastal income property in Riviera Village, half a block from the Esplanade and less than 0.1 mile to the sand. Five of the eight units enjoy ocean views. Four 2BD/1BA and four 1BD/1BA units averaging approximately 828 SF, on an approx. 9,000 SF lot with covered parking and on-site laundry. Unit 4, a two-bedroom, will be delivered vacant: renovate it to your own standard and lease at market, or occupy it yourself. Offered at a 4.12% cap rate and 15.67 GRM on current rents (vacant unit at market), with renovated rents supporting a 5.15% cap and 13.34 GRM. Most windows have been replaced, the electrical has been updated and the SB 721 balcony inspection is complete. No local rent control (AB 1482 only), and all tenancies are month-to-month. Steps to Riviera Village dining and shopping.
- Parking:
- 6.00
- New Construction YN:
- 0
- Laundry:
- Individual Room
- Parking:
- Carport
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C122805
- Stories:
- 2
- Association:
- 0
- Street:
- Vista Del Mar
- Street Number:
- 106
- Zip4:
- 5309
- Floor Number:
- 0
- Longitude:
- W119° 36' 38.7''
- Latitude:
- N33° 48' 58.1''
- Listing Courtesy of:
- Shield CRE, Inc.
- TaxAnnualAmount:
- $0
- Zoning:
- RBRMD
- Lot Size Square Feet:
- 8,991 Sqft
- List Agent Last Name:
- Jacoli
- List Agent License Number:
- 01938297
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82383
- List Agent First Name:
- Gianluca
- Directions:
- South of Avenue I, North of Paseo De La Playa, West of Camino de la Costa, East of Esplanade
- Lot Size Dimensions:
- 60x150
- MLSAreaMajor:
- 157 - S Redondo Bch W of PCH
- Levels:
- Two
- Parcel Number:
- 7511016004
- List Agent License Number:
- 02081496
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
- Tax Rate:
- 1.25
Residential Income For Sale
106 Vista Del Mar, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 26999919
- List Price :
- $4,900,000
- Year Built :
- 1954
- Lot Area :
- 0.21 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Status :
- Active
- Price Per Square Foot :
- $739
- Days on Market :
- 0
