Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.
- Heating System:
- Combination
- Parking:
- 6.00
- New Construction YN:
- 0
- Laundry:
- Washer Included, Dryer Included
- Parking:
- Assigned
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C133693
- Stories:
- 2
- Flooring:
- Wood, Laminate
- Association:
- 0
- Appliances:
- Microwave, Refrigerator, Dishwasher
- Interior Features:
- Ceiling Fan(s)
- Street:
- Broadway
- Street Number:
- 108
- Floor Number:
- 0
- Longitude:
- W119° 36' 47.2''
- Latitude:
- N33° 50' 32.9''
- Street Dir Prefix:
- N
- Listing Courtesy of:
- Kape Property Management, Inc.
- TaxAnnualAmount:
- $0
- Lot Size Square Feet:
- 7,608 Sqft
- List Agent Last Name:
- Srolovitz
- List Agent License Number:
- 02069623
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82358
- List Agent First Name:
- Noam
- Directions:
- One block east of Catalina, in between Vincent St & Emerald St.
- MLSAreaMajor:
- 157 - S Redondo Bch W of PCH
- Levels:
- Multi/Split
- Parcel Number:
- UNAVAILABLE
- List Agent License Number:
- 02015906
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
108 Broadway, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 26103119
- List Price :
- $3,950,000
- Year Built :
- 1906
- Lot Area :
- 0.17 Sqft
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Status :
- Active
- Price Per Square Foot :
- $908
- Days on Market :
- 14
