2118 Carnegie, Redondo Beach, California 90278
$3,045,000
- Property Type
- Residential Income
- Building Size
- 5,302 sqft
- City
- Redondo Beach
- Status
- Active
Marcus & Millichap is pleased to present the opportunity to acquire a turnkey fourplex in Redondo Beach, a coastal South Bay submarket with consistent rental demand and convenient access to beaches, retail, dining, and major freeways. The property has been extensively remodeled and offers a strong unit mix consisting of one four-bedroom/three-bathroom unit, two two-bedroom/two-bathroom units, and one two-bedroom/one-bathroom unit. Current rents provide approximately nine percent rental upside, offering investors an opportunity to increase income through future lease turnover. 2118 Carnegie Lane features completely remodeled interiors with vinyl plank flooring, quartz countertops, stainless steel appliances, updated cabinetry, modern fixtures, and stacking laundry units. The property also boasts rooftop decks, garages with EV charging capability, storage, security features, a new roof, repaved driveway, and more. This offering presents an opportunity to acquire a pride-of-ownership asset in a highly desirable coastal rental market.
About
Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker
Quick Facts
MLS Property Type
Residential Income
Property Subtype
Quadruplex
Status
Active
MLS Number
PW26176519
Year Built
1972
Building Size
5,302 sq ft
Units
4
Lot Size
7,493 sq ft
Location
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Details
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