526 Avenue A, Redondo Beach, CA 90277

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Sold Price
$2,120,625
List Price
$2,395,000
Closing Date
Jul 05, 2024
Status
CLOSED
MLS#
PV24076357
Year Built
1939
Lot Size
6,084
Acres
0.14
Lot Location
0-1 Unit/Acre, Front Yard, Garden, Lawn
Days on Market
30
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Opportunity to own a multi-unit property in South Redondo Beach close to the Riviera Village shopping, restaurants and two blocks from the beach! This lot features two houses - a front house with two rented units consisting of a 3 bedroom / 2 bathroom home, with an attached studio with kitchenette and its own entrance - AND - a 3 bedroom / 2 bathroom back house with rooftop ocean views and plenty of parking. The front house offers timeless charm with its original hardwood floors, a spacious bay window, and a cozy fireplace. It has been well maintained with recent updates to the electrical and plumbing systems. The front house also enjoys a wide front porch and large covered back deck. The studio has new floors, a full bath, kitchenette and private entrance. The newer back house is a 3 bedroom / 2 bathroom home with new carpet, paint and its own yard. One of the many highlights of the back house is the rooftop deck with an unparalleled panoramic view of the Pacific Ocean, extending from Palos Verdes to Malibu. Both houses enjoy their own garden area for kids and pets! Practical amenities include a spacious two-car garage and four extra covered off-street parking spots, ensuring convenience for residents and guests alike. With the potential for rental income from both houses, this property is great for an investor or someone looking to live in one home and lease the other home. Don't miss out on this opportunity to own an investment property two blocks from the ocean!

Additional Information

Appliances
Dishwasher, Gas Range
Pool Description
None
Fireplace Description
Living Room, Primary Bedroom
Heat
Central
Cooling Description
None
View
Mountain(s), Neighborhood, Ocean
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features, Balcony, Ceiling Fan(s), Galley Kitchen
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$43,560
Operating Expense
8632

Listing courtesy of Listing Agent: Jessiqa Pace (jessiqa@thekondogroup.com) from Listing Office: Compass.

Listing sold by Keith Kyle 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.