$2,499,000
Lots of new improvements to the property!!! Prime investment opportunity with great rents!!! Located in the highly desirable North Redondo Beach/Villas North. SB721 Deck/Balcony inspection in compliance with the new law and good for six years with all repairs completed! Stunning new high-end glass Mid-Century Modern double door on the front unit gives the building great curb appeal. The front 3-bedroom 2 bath unit often referred to as "the owner's unit" has been recently updated with high-end finishes. The upgrade in this unit features sleek modern cabinetry, new closet enclosures and doors, stainless steel appliances, engineered wood flooring and custom finishes throughout. The other 3 units are 2-bedroom 1 1/2 baths and all units have private balcony spaces for each unit on the second level. Many of the features of the building have been ameliorated to include installing a brand-new roof, termite report and repairs completed, main sewer line completely repaired and lined, electrical Main panel and 5 sub-panels updated along with new exterior light fixtures. The front and rear apartments have brand new Mitzubishi mini-splits installed on the first floor providing heat and air-conditioning...a renter's favorite upgrade!!! There are 7 enclosed garage spaces...three detached of which are 2-car and one attached single car with direct entry to the unit. An additional unique bonus there's 3 attached large storage closets that all have dual doors for easy access and potential additional income. Situated on a quiet street this prime North Redondo location is minutes from Manhattan and Hermosa Beach sand, LAX Airport, major freeways, close to fantastic shopping, great dining, public parks and award-winning Redondo Beach schools.
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Listed by Denise Mazzotta with Strand Hill Properties (310) 545-0707
Property Type
Quadruplex
Status
Active
MLS Number
SB25257882
Year Built
1967
Lot Size
7,505 sq ft