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Listing 2 out of 131
$7,200,000 Active Under Contract

112 Vista Del Mar
Redondo Beach, CA 90277

13 units | Multi Family Home
21344 sq ft lot - MLS# 17279700
Property Photo
1/25

Description

*CALL FOR OFFERS - OFFERS ARE DUE BY THURSDAY (10/26) AT 5:00 PM* -A+++ Location - 1 Block From The Water -21,474-Square Foot Lot -Prime Development Opportunity: 10 Townhouse Condominiums -Half-Acre Corner Lot in the Heart of Hollywood Riviera -Once in a Lifetime Opportunity -Value-Add 13-Unit Multifamily Offering -No Rent Control

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Listing Price: $7,200,000
  • Zip Code: 90277
  • Year Built: 1949
  • Units: 13 units
  • # of Parking Spaces: 6.00
  • Acres: 21344 sq ft lot
  • Zoning: RBRMD
  • Area: 157 - S Redondo Bch W of PCH
  • Building Area Total: 11774.00
  • Co-Listing Agent License: 01938297
  • Co-Listing Office License: 01929798
  • Cooling: See Remarks, Yes
  • Directions: West of Pacific Coast Highway, South of Avenue I
  • Garage Spaces: 6.00
  • Gross Multiplier: 29.20
  • Gross Operating Income: 241181.00
  • Improvements Amount: 920235
  • Insurance Expense: 4945.00
  • Land Value: 641582
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Listing Agent License: 01856803
  • Listing Office License: 01929798
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • MLS: CL
  • Maintenance Expense: 5200.00
  • Net Operating Income: 122256.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Other Expense: 3900.00
  • Parking: Yes
  • Parking Features: Garage
  • Stories Total: 2
  • Total Actual Rent: 248640.00
  • Total Expenses: 118925.00
  • Trash Expense: 1200.00
  • Water Sewer Expense: 12480.00
Courtesy of Cbc Advisors, Jonathan Nikfarjam

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Krystyna Baty
Broker Associate
The Real Estate Group
Phone: 310.918.5027
Email: batyrealestate@gmail.com
BRE # 01485187

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Krystyna Baty | Broker Associate | The Real Estate Group
Phone: 310.918.5027 | Email: batyrealestate@gmail.com
BRE # 01485187