2001 Ruhland Avenue, Redondo Beach, 90278

Residential Income For Sale

$2,150,000

Beds
Baths
3,808Sqft
.17Acres
1964Built
13DOM
MLS® #: 19516162
Active, 13 Days on Market

2001 Ruhland Ave, a 4-unit investment property in Redondo Beach, California. The property is located between Green and Blossom Lanes just blocks from Aviation Blvd. This area is a solid majority-renter market with low vacancy rates.2001 Ruhland Ave consists of four 2 Bedroom 1 Bathroom Units. All of the units are separately metered for gas and electricity. The property also offers 6 garages and 6 uncovered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.There are three garages generating $3,200 a year in additional income. All units are identical in renovation and layout. Current owner has the highest unit being rented out at$2,595. With a more modern renovation program for the interiors, a new investor can capture even more upside. This building is perfect for an investor seeking a clean bite sized deal in a strong rental market. CALL TODAY!

Essential Information

MLS® #: 19516162
Price: $2,150,000
Square Footage: 3,808
Acres: 0.17
Year Built: 1964
Type: Residential Income
Status: Active

Community Information

Address: 2001 Ruhland Avenue
County: Los Angeles
State: CA
Zip Code: 90278

Interior

Appliances: None
Cooling: See Remarks
# of Stories: 2

Additional Information

Date Listed: September 30th, 2019
Days on Market: 13
Zoning: RBR-2

Listing Details

Listing Agent: Jonathan Weir(02038545)
Listing Office: Marcus & Millichap

Financials

$/SqFt: $565

Welcome to this 0 bedroom 0 bath Residential Income in the N. Redondo Beach/Villas North (151) section of Redondo Beach located at 2001 Ruhland Avenue built in 1964. It is 0 square feet and the current asking price is $ 2,150,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of October 15th, 2019 at 7:07am PDT. 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.