2020 Graham Avenue, Redondo Beach, CA 90278 (MLS # SB25001636)

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PRICE $5,300,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 12,056 sqft
LOT SIZE 15,007 sqft
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Graham Street is a rare find! Built in 1970’s and held by multi-generational Owners. It sits on a 15,000 sf double lot. And located in one of Redondo Beach’s best residential neighborhoods, north of Artesia and is sought after by tenants that want a quiet, secure, amenity central location. A drive by glance shows stunning Architectural features that include multilevel design garden style complex, with balconies, generous windows, and amenities. Units situated around a serine courtyard that gives many of the occupants garden views and still allows for privacy. Continuous building maintenance and upgrades have been performed with the highest standards. Overtime 10 of the units have been rehabbed w upgrades including remodeled kitchens, tiled baths, flooring, cabinetry, windows and fixtures. Building is approx. 12,000 sf. With living spaces averaging 1,050sf / two beds and 775sf /one beds. with a mix of (6) 2-bed/1-bath units and (1) 2-bed/2-bath units and (5) 1-bed 1-bath. Current rents are staggered and there is an estimated 24% upside in income. Market Cap at Proforma Income is 5.6% Building upgrades: Interlocking paver dive way and garage area, copper plumbing, full laundry, central gas water heater. Building storage space and workshop. 18 parking spaces consisting of tuck under and separate building all have storage. This opportunity offers an investor looking for excellent potential appreciation, long term stabilized tenant base, tax shelter and pride of ownership.

DAYS ON MARKET 99 LAST UPDATED 4/12/2025
YEAR BUILT 1970 COMMUNITY N Redondo Bch/Villas North
GARAGE SPACES 18.0 COUNTY Los Angeles
STATUS Conditional PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Feb 19, '25 $6,200,000
Feb 19, '25 - Mar 19, '25 $5,750,000
Mar 19, '25 - Today $5,300,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Electric Range
AREA N Redondo Bch/Villas North
CONSTRUCTION Copper Plumbing
EXTERIOR Brick Driveway
GARAGE Assigned, Covered, Driveway, Driveway Level, Garage, On Site, Workshop in Garage, Yes
INTERIOR Balcony, Granite Counters, Solid Surface Counters, Storage
LOT 0.34 acre(s)
LOT DESCRIPTION Landscaped, Level
PARKING Assigned,Covered,Driveway Level,Driveway,Garage,On Site,Workshop in Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
UTILITIES Cable Available,Electricity Available,Sewer Connected,See Remarks,Water Available,Water Connected
WATER Public
ZONING RBR-2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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