2701 Curtis Avenue, Redondo Beach, CA 90278 (MLS # SB24174441)

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PRICE $2,750,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 5,090 sqft
LOT SIZE 7,506 sqft

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.

DAYS ON MARKET 128 LAST UPDATED 12/2/2024
YEAR BUILT 1964 COMMUNITY N Redondo Bch/Villas North
GARAGE SPACES 8.0 COUNTY Los Angeles
STATUS Conditional PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA N Redondo Bch/Villas North
GARAGE Yes
LOT 7504 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING RBR-3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lyon Stahl Investment Real Estate, Inc.

Based on information from CRMLS as of 12/28/24 1:05 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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