2107 Pullman Lane, Redondo Beach, CA 90278

$2,150,000

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Sold Price
$2,150,000
List Price
$1,995,000
Closing Date
Dec 22, 2023
Status
CLOSED
MLS#
SB23138246
Year Built
1965
Lot Size
7,501
Acres
0.17
Lot Location
Front Yard, Near Park, Near Public Transit
Days on Market
9
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment
Stories
One Level

Property Description

We are pleased to present an excellent investor or owner user opportunity. This 4-unit multifamily property is in a highly desirable Redondo Beach location just minutes to the Beach and nearby major employers, popular shopping centers, trendy restaurants, lively entertainment, neighborhood parks, transportation, and award-winning Redondo Beach schools. The property is comprised of a recently remodeled 3 -Bedroom/2-Bathroom with fenced front yard and three 2-Bedroom/1-Bathroom units. There are six-1-car garages, along with an attached storage room, presenting a prime opportunity for an ADU conversion (buyer to verify). Additional room to park 4 vehicles on the property without blocking the driveway or garages. The property features copper plumbing, a newer roof, and vinyl windows. The 3-Bedroom/2-Bath has recently been remodeled. One of the 2-Bedroom/1-Bath units was remodeled in 2022. These two remodeled units feature vinyl plank flooring, tiled showers, new cabinetry, new quartz counters, smooth ceilings, and recessed lighting. Strong rental location with upside in the rents. The tenants are on month-to-month agreements. Community laundry room with 2 washers / 2 dryers (machines are owned). Subject only to California AB 1482. Zip code 90278 received an overall A+ Grade per Niche.com along with ranking #47 of 1,211 as the Best Zip Code to Live in California.

Additional Information

Appliances
Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Pool Description
None
Heat
Natural Gas
Cooling Description
None
View
None
Exterior Construction
Frame, Stucco
Roof
Shingle
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
Granite Counters, Quartz Counters
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$128,298
Operating Expense
41761

Listing courtesy of Listing Agent: Nancy Bush (Nancy@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by Noam Srolovitz from Kape Property Management, 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.