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(310)918-5027
Real Estate Company
2010 Manhattan Beach Boulevard, Redondo Beach, CA 90278
- $1,700,000
- Sold Price
- $1,700,000
- List Price
- $2,150,000
- Closing Date
- Nov 27, 2023
- Status
- CLOSED
- MLS#
- PW23197106
- Year Built
- 1961
- Lot Size
- 5,645
- Acres
- 0.13
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 13
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
2010 Manhattan Beach Blvd is a great opportunity to own an affordable apartment building in the Beach Cities, just East of Manhattan Beach. The large 3+2 unit is a great opportunity for an owner-user with family and can be divided into a 5th unit (without permit) by simply closing off a door – adding the potential for extra income. All the units have laundry hookups, have a single car garage with a tandem parking space, and are individually metered for gas & electricity. The building is well maintained and sits on a landscaped lot with a courtyard that has multiple fruit trees including persimmon, peach, grape, fig & guava. North Redondo is a great rental market with great access to the 405 Freeway, Polliwog Park, the newly remodeled Manhattan Village Mall, and the beach. This asset can produce a 4% return from day 1 with upside to 6% with a basic remodel plan.
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Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Oven, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Electric
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $127,200
- Operating Expense
- 36254
Listing courtesy of Listing Agent: Woody Stahl (woody@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Est.
Listing sold by Anoop Garg from The Real Estate Consultants Westside 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.