Description
Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean | Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units | 4.76% Cap Rate & 14.42 GRM | 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | New Cool Roof | 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf | New Fascia, Gutters & Exterior LED Lights | Most Electrical Panels Replaced New Copper Water Line | Total of 10 Garages | Laundry Room with Newer Machines | Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach
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13BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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6,467SQFT
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$611$/SQFT
School Ratings & Info
Description
Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean | Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units | 4.76% Cap Rate & 14.42 GRM | 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | New Cool Roof | 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf | New Fascia, Gutters & Exterior LED Lights | Most Electrical Panels Replaced New Copper Water Line | Total of 10 Garages | Laundry Room with Newer Machines | Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.