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Listing 16 out of 162
$2,800,000 For Sale

215 Carnelian Street
Redondo Beach, CA 90277

7 units | Multi Family Home
7087 sq ft - MLS# SB18174749
Property Photo
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Description

We are excited to present this beautifully restored 7-unit apartment building located in South Redondo Beach, just minutes from the beach and world-famous King Harbor. This property demonstrates a vintage 1925 Spanish Colonial Architectural style that has been well-maintained for almost 100 years and artfully restored. It features a unique and spacious 1,798 SF private backyard patio for all tenants to enjoy, a portion of which is privatized to the largest unit. The building has a brand-new roof that was installed last year and has been completely re-wired and re-piped with copper and PVC. The exterior has also been painted, re-stuccoed and re-lanscaped. There is a storage room that has been improved with coin-operated washer/dryer and storage units for each tenant. The original hardwood flooring, almost 100 years old, has been repaired, restored and refinished in three of the studio units. One unit has even been completely refurbished and re-plastered featuring a remodeled kitchen with all new cabinetry, appliances, fixtures, and a tankless water heater.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90277
  • Year Built: 1925
  • Units: 7 units
  • Lot Size: 7087 sq ft
  • Zoning: RBR-3A
  • Area: 157 - S Redondo Bch W of PCH
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3858.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks
  • Country: US
  • Directions: On Carnelian St, between N Catalina Ave and N Broadway.
  • Electric Expense: 600.00
  • Fuel Expense: 500.00
  • Gardener Expense: 600.00
  • Gross Income: 117600.00
  • Gross Scheduled Income: 117600.00
  • Insurance Expense: 2015.00
  • Laundry Features: Dryer Included, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01981597
  • Listing Office License: 01972083
  • Lot Features: 6-10 Units/Acre, Back Yard, Landscaped, Lot 6500-9999, Patio Home, Yard
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 3528.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 68720.00
  • New Taxes Expense: 34757.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Operating Expense: 48880.00
  • Property Attached YN: Yes
  • Total Expenses: 48880.00
  • Trash Expense: 500.00
  • Water Sewer Expense: 500.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler Ii

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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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Torrance, CA, 90505

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