Property Details
About this Property
Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.
MLS Listing Information
MLS #
CRSB24174441
MLS Source
California Regional MLS
Days on Site
91
Parking, School, and Other Information
Garage/Parking
Garage: 8 Car(s)
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Duncan Backus
License #: 02090171
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2701 Curtis Ave is a Residential Income in Redondo Beach, CA 90278. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,750,000 and was built in 1964. This address can also be written as 2701 Curtis Ave, Redondo Beach, CA 90278.
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This listing information is up-to-date as of October 01, 2024. For the most current information, please contact Brett Lyon, (310) 706-4066
