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Listed by Teresa Workman • Teresa Workman
$ 1,985,000
Est. payment | /mo
3,507 SqFt
$ 1,985,000
Est. payment | /mo
3,507 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,507 sqft
Price per Sqft $566
MLS Listing ID CRSB25228942
HOA Y/N No
Year Built 1954
Lot Size 7507.000 Acres
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Rare North Redondo Beach Multifamily Investment Opportunity An exceptional four-unit multifamily asset has just become available in one of Redondo Beach's most sought-after neighborhoods a property that hasn't been on the market in decades. Unit Mix: • One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more. • Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard). Highlights: • All units are well-maintained, thoughtfully upgraded and have great rentability. • Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring. • Ample street and nearby parking. • Long-term ownership with pride of care. Market Drivers: • Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay. • Historically low vacancy rates, ensuring consistent rental demand. • A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs. • Rare combination of stable cash flow and long-term appreciation potential. With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745