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$895,000
Est. payment /mo
1 Bed
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW25113997
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this propertys potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADUs (buyer to verify). 716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows. The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities top employers: the Memorial Hospital of Gardena and the Hustler Casino.
Location
State CA
County Los Angeles
Zoning Assessor
Direction West of the 110 East of Hustler
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6120008017
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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker