Rare offering appealing to both Investors and Developers! Great investment opportunity to own an income producing Triplex in desirable South Redondo. Situated at the crest of the hill on an Oversized 40 x 195 R-3 lot. This investment site can be redeveloped into 3 detached condominium townhomes with view. Under market rents provide for rental income upside potential while obtaining permits. Currently there is a detached 3 bedroom, 1 bath beach bungalow in the front of the property. At the rear is a 2 bedroom, 1.75 bath apt. with sweeping city lights views over the 2 car garage and the lower level 1 bedroom, 1 bath unit. The large lot offers plenty of additional off street parking. Well located – only one block away from Parras Middle School to the North – shops, restaurants and public transportation on Torrance Blvd, and only minutes away from the Redondo marina/waterfront and South Bay beaches. Great award-winning schools – Alta Vista Elementary, Parras Middle School and Redondo Union High School.
- Roof Deck:
- Tile
- Parking:
- 8.00
- New Construction YN:
- 0
- Utilities:
- Phone Available, Cable Available, Underground Utilities, Water Connected, Natural Gas Available, Cable Connected
- Laundry:
- Washer Included, Inside
- Parking:
- Private, Tandem Covered
- Sewer:
- Conventional Septic
- Common Walls:
- No Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SHORRJA1
- Water Source:
- Public
- Lot Features:
- Front Yard, Lot 6500-9999, Level With Street
- Community Features:
- Sidewalks, Suburban
- Street:
- Lucia
- Street Number:
- 216
- Street Suffix:
- Avenue
- Zip4:
- 3511
- Floor Number:
- 0
- Longitude:
- W119° 37' 21.3''
- Latitude:
- N33° 50' 22.6''
- Street Dir Prefix:
- S
- Listing Courtesy of:
- Horrell Realtors
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- RBR-3
- Lot Size Square Feet:
- 7,865 Sqft
- List Agent Last Name:
- Horrell
- List Agent License Number:
- 00854307
- Special Listing Conditions:
- Standard
- List Office ID:
- S5127
- List Agent First Name:
- Jay
- Directions:
- West of Prospect Ave. North of Torrance Blvd.
- Lot Size Dimensions:
- 40 x 195
- MLSAreaMajor:
- 155 - S Redondo Bch N of Torrance Bl
- Levels:
- Two
- Parcel Number:
- 7506019024
- List Agent License Number:
- 00854307
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
216 Lucia Avenue, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB18073503
- List Price :
- $1,699,000
- Year Built :
- 1963
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Close Price :
- $1,725,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $661
- Days on Market :
- 9
