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Listing 7 out of 172
$3,875,000 Active Under Contract

324 Paseo De La Playa
Redondo Beach, CA 90277

4 units | Multi Family Home
9810 sq ft - MLS# PV18115085
Property Photo
1/9

Description

Rare opportunity to own at the beach! Marvelous Hollywood Riviera location, situated directly across from the beach, the property includes a wonderful detached front owner unit with three income units in the rear. The rear building has two 2-bedroom, 1 bath units over garages, and one 1-bedroom 1 bath unit. Front house features 2 bedrooms plus den/office, 2 baths, kitchen, separate laundry, fireplace in living room and great ocean/sunset/PV views from large picture windows plus a lovely front yard. Each unit has a private one car garage. Location can't be beat - miles of beautiful sandy beaches, surfing, walking/running paths, restaurants, shops, and more in the Riviera Village.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 90277
  • Year Built: 1952
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 6.00
  • Lot Size: 9810 sq ft
  • View: Ocean,Water, Yes
  • Waterfront: Across the Road from Lake/Ocean,Beach Access
  • Area: 128 - Hollywood Riviera
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4075.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks
  • Country: US
  • Direction Faces: West
  • Directions: Esplanade and Calle Miramar
  • Garage Spaces: 4.00
  • Gardener Expense: 2760.00
  • Gross Income: 161040.00
  • Gross Scheduled Income: 159015.00
  • Heating: See Remarks
  • Heating YN: Yes
  • Insurance Expense: 1720.00
  • Laundry Features: Area, See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 00862081
  • Listing Office License: 00983568
  • Lot Features: Lot 6500-9999, Lot-Level/Flat
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 119015.00
  • New Taxes Expense: 48400.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 40000.00
  • Parking Features: Assigned
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Condition: Updated/Remodeled
  • Stories Total: 2
  • Total Actual Rent: 13420.00
  • Total Expenses: 58664.00
  • Trash Expense: 3288.00
  • Uncovered Spaces: 2.00
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 2496.00
  • Water Source: See Remarks
  • Year Built Source: Assessor
Courtesy of Re/Max Estate Properties, Megan Neel

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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