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  • Off Market | 108 N PROSPECT Avenue Redondo Beach, CA 90277 0
  • Off Market | 108 N PROSPECT Avenue Redondo Beach, CA 90277 1
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Listing courtesy of: CRMLS / Matthews Real Estate Investment Services
     
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108 N PROSPECT Avenue

Redondo Beach, CA 90277

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  • 4,492 Sq. Ft.
  • 0.14 Acres
Closed
 
Donelle Westbrook
Real Estate Group
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Description

This 4-unit apartment building is an opportunity for an investor to purchase a multifamily property in the heart of beautiful South Redondo Beach. This stabilized investment allows for an owner to live in one unit and enjoy the top of the market rental income from the others. This opportunity also allows for a potential investor to obtain residential financing. The property consists of four townhouse-style units read more made up of (1) three-bed/two-and-a-half-bath owners unit & (3) two-bed/one-and-a-half-bath. The property is located less than one mile away from the beach and is near award-winning Redondo Beach schools. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Market rents in the area give this property 23% potential upside. Buyer to do their own due diligence. PLEASE DO NOT DISTURB THE TENANTS.

Property Details

Property

  • Stories: 2

Measurements

  • Acres: 0.1400
  • Square Feet: 4,492

Parking

  • Garage Spaces: 6.00

Construction Details

Type & Style

  • Property Type: Residential Income
  • Style: Traditional

Condition

  • Built In: 1973
  • Year Built: 1973

Community and Neighborhood Details

Location

  • County: Los Angeles

Other

Source

  • MLS #: 21679768

This listing provided courtesy of California Regional Multiple Listing Service ("CRMLS"). The information contained in this listings had not been verified by us or the MLS and should be verified by the buyer.

Last Updated: Feb 23rd, 2021. Source: CRMLS

Location

108 N PROSPECT Avenue Redondo Beach, CA 90277
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Agent

Donelle Westbrook
Real Estate Group

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Donelle Westbrook
Real Estate Group
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Donelle Westbrook

Donelle Westbrook

Beach City Brokers

Our office is located at 200 South Pacific Coast Highway.
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