This is a rare opportunity to own a newly renovated 4-Unit apartment building in beautiful South Redondo Beach. Located less than a mile from the beach, the property sits on a 6,201 square foot lot and boasts a sizable 4,549 square feet of total living space. Three of the four units are two-stories with a town-home style layouts and include the following: Each unit has its own resurfaced private roof top decks, personal enclosed garage spaces with remote openers, updated kitchens and bathrooms, new windows and laminate flooring throughout; all interior renovations completed in 2017. The roof was replaced, the exterior was repainted, and the building passed termite clearance in 2016 – 2017. With strong rental income totaling $9,080/m and proforma rents over $10,400/m this is an incredible investment opportunity in a prime area with consistently low inventory. The front unit comprised of 3 bedrooms & 2.5 bathrooms makes this the perfect situation for an owner user or first-time investment property buyer.
- Parking:
- 20.00
- New Construction YN:
- 0
- Laundry:
- See Remarks, Washer Hookup, Gas & Electric Dryer Hookup
- Parking:
- Garage - Two Door, Driveway, Golf Cart Garage, Heated Garage
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBRASMALB
- Water Source:
- Public
- Lot Features:
- Front Yard, Landscaped, Lawn
- Community Features:
- Sidewalks, Curbs
- Stories:
- 2
- Flooring:
- Laminate
- Interior Features:
- Open Floorplan, Beamed Ceilings, Living Room Balcony
- Street:
- S Lucia
- Street Number:
- 303
- Floor Number:
- 0
- Longitude:
- W119° 37' 19.3''
- Latitude:
- N33° 50' 16.8''
- Listing Courtesy of:
- Lyon Stahl Investment Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Lot Size Square Feet:
- 6,201 Sqft
- List Agent Last Name:
- Rasmussen
- List Agent License Number:
- 02042837
- Special Listing Conditions:
- Standard
- List Office ID:
- sb1310620
- List Agent First Name:
- Albert Corey
- Directions:
- First block of S Lucia Ave, South of Torrance Blvd
- MLSAreaMajor:
- 156 - S Redondo Bch S of Torrance Bl
- Levels:
- Two
- Parcel Number:
- 7506017009
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
303 S Lucia, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB18096816
- List Price :
- $2,100,000
- Year Built :
- 1972
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Close Price :
- $2,150,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $473
- Days on Market :
- 19
