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(310)918-5027
Real Estate Company
1102 Opal Street, Redondo Beach, CA 90277
- $2,295,000
- 9
- BD
- 8
- BA
- 4,610
- SqFt
- List Price
- $2,295,000
- Status
- ACTIVE
- MLS#
- 26103534
- Year Built
- 1965
- Bedrooms
- 9
- Bathrooms
- 8
- Living Sq. Ft
- 4,610
- Lot Size
- 7,300
- Acres
- 0.17
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Fourplex in South Redondo Beach on a Quiet Residential Cul-de-Sac Street | Exceptional Owner-User Opportunity with Renovated 2-Bedroom/2-Bathroom Unit Delivered Vacant | One Mile from the Redondo Beach Pier, King Harbor & Pacific Ocean | Outstanding Unit Mix of Three-Bedroom & 2-Bedroom Units | Front 3-Bedroom Townhouse with Open Floor Plan, Vaulted Ceilings, Fireplace, Large Private Deck & Private Yard | Each Unit Contains Private Outdoor Space | Newer Roof & Full Copper Plumbing | 4.55% Current Cap Rate & 14.92 Current GRM | 5.98% Pro-Forma Cap Rate & 12.22 Pro-Forma GRM | 4,610-SF Building on a Large 7,300-SF Lot | No Local Rent Control - Defaults to AB 1482 | Property is on RUBs Program Reduces Operational Expenses for Landlord | Six Garage Spaces | Desirable Opportunity to Add ADUs | On-Site Laundry Facility | Qualifies for Residential Financing
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Additional Information
- Appliances
- Washer
- Garage Spaces Total
- 6
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.