PRICE REDUCED. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location – This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with
three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax
reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss
this opportunity – Bring your offer now while it lasts!! Please note: the historical application has been applied.
- Parking:
- 20.00
- New Construction YN:
- 0
- Laundry:
- See Remarks
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBKIDATAK
- Water Source:
- Public
- Lot Features:
- 2-5 Units/acre
- Community Features:
- Sidewalks
- Association:
- 0
- Street:
- Broadway
- Street Number:
- 224
- Zip4:
- 3668
- Floor Number:
- 0
- Longitude:
- W119° 36' 49.6''
- Latitude:
- N33° 50' 20.8''
- Street Dir Prefix:
- S
- Listing Courtesy of:
- Meldia Investment Realty of America
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- RBR-3A
- Lot Size Square Feet:
- 7,505 Sqft
- List Agent Last Name:
- Kida
- List Agent License Number:
- 02096893
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1351280
- List Agent First Name:
- Takeshi
- Directions:
- West of PCH & North of Torrance Blvd, Property on the right side of Broadway
- MLSAreaMajor:
- 157 - S Redondo Bch W of PCH
- Parcel Number:
- 7505019041
- List Agent License Number:
- 02090327
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
224 Broadway, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB20263623
- List Price :
- $2,350,000
- Year Built :
- 1920
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Close Price :
- $2,350,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Days on Market :
- 65
