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Listing 4 out of 172
$5,750,000 For Sale

6034 S Pacific Coast
Redondo Beach, CA 90277

9 units | Multi Family Home
7714 sq ft - MLS# SB18087814
Property Photo
1/30

Description

ATTRACTIVELY PRICED AT 4.15% CAP AND 16.57 GRM! FULLY LEASED Newly remodeled 9 apartment units (CAN BE SOLD TOGETHER WITH 6028 PACIFIC COAST HIGHWAY TO TOTAL 18 UNITS -NO ONSITE MANAGER REQUIRED) located within walking distance to the restaurants of the Hollywood Riviera and the beach. The building also has direct access to El Retiro Park with tennis courts, jungle gym, basketball court and library. These apartments have a great unit mix of 6 - 2 BED 2 BATH units and 3 - 3 BED 2 BATH units that have all been remodeled! The apartment comes with brand new stainless-steel appliances including: FRIDGE, OVEN/RANGE, MICROWAVE AND DISHWASHER. Each unit also includes a BRAND NEW WASHER AND DRYER! There is one garage parking spot per unit with brand new automatic garage doors. There are also 6 good sized private storage rooms. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, SIDING, ROOF, COPPER PLUMBING, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS & WINDOWS (some newer than others), GARAGE DOORS, BUILT IN BBQ AND PICNIC TABLE AND NEW LANDSCAPING!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90277
  • Year Built: 1964
  • Units: 9 units
  • # of Parking Spaces: 9.00
  • Lot Size: 7714 sq ft
  • Zoning: TORR-MD
  • Area: 128 - Hollywood Riviera
  • Average 2 Bed Area: 920
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area: 1120
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 9066.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01943971
  • Co-Listing Office License: 01499297
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs
  • Country: US
  • Directions: Just west of Prospect ave on south side of Sepulveda
  • Electric Expense: 1500.00
  • Garage Spaces: 9.00
  • Gardener Expense: 870.00
  • Gross Income: 346920.00
  • Gross Multiplier: 16.57
  • Gross Operating Income: 336656.00
  • Gross Scheduled Income: 346920.00
  • Insurance Expense: 3800.00
  • Laundry Features: Dryer Included, Washer Hookup, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01522061
  • Listing Office License: 01878433
  • Lot Features: Sprinklers Drip System
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 4500.00
  • Net Operating Income: 238613.00
  • New Taxes Expense: 65502.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number With Dishwasher: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Number With Refrigerator: 9
  • Operating Expense: 98043.00
  • Other Income Description: Private Storage room income
  • Other Income1: 4800.00
  • Pest Control Expense: 294.00
  • Property Attached YN: Yes
  • Total Expenses: 98043.00
  • Trash Expense: 1320.00
  • Water Sewer Expense: 3300.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Bohlinger Properties, Inc., Bryan Bohlinger

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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