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(310)918-5027
Real Estate Company
1207 Beryl Street, Redondo Beach, CA 90277
- $2,600,000
- Sold Price
- $2,600,000
- List Price
- $2,650,000
- Closing Date
- Aug 07, 2024
- Status
- CLOSED
- MLS#
- SB24035242
- Year Built
- 1963
- Lot Size
- 5,108
- Acres
- 0.12
- Lot Location
- Rectangular Lot
- Days on Market
- 16
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Presenting 1207 Beryl St, Redondo Beach. This property is now offered at an exceptional return of 5.15%, setting it apart as the only 5+ CAP that is turnkey and this close to the ocean! Don’t miss out, as this property will not last! 1207 consists of 4 beautifully renovated units located just east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor! The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems, and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer, and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $190,128
- Operating Expense
- 44116
Listing courtesy of Listing Agent: Austin Zahn (austin@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Clifford Scherb from Vista Sotheby’s International Realty
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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.