Property Type:Residential Income (Multi-Family)
On Site:141 Days
Lot Size:0.12 Acres
$100,000 PRICE REDUCTION 11/19/19. THIS WONT LAST LONG. lowest price point in the area sold in last 6 months. Redfin estimates priced $50,000 below market value based on recent sales. The property has been in the same hands for 40 years. The front 2b1b house with a garage has been slightly renovated and demands a top market rent given its size and house like feel to it. The back two units are identical 2b1b apartments. These units renovated in the area go for on average $2,750 a month. All units have private washer and dryers in their units. The projected annual gross income for this property is roughly $100,000 currently $66,6000. Don't miss out on this amazing opportunity. Call for more information.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Price Change History
|Date||Old Price||New Price||Percent Change|
Address:2105 Vail Avenue Redondo Beach, CA 90278
Total Units: 3
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,000 actual rent•$2,000 total rent•$2,995 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,750 actual rent•$1,750 total rent•$2,750 pro forma
Unit 3: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,800 actual rent•$1,800 total rent•$2,750 pro forma
Lot Size: 0.12 Acres / 5443 Sq. Ft.
Directions:Corner of Vail Ave and Matthews Ave
Tax and Financial Info
Gross Annual Income: 66600.00
Gross Operating Income: 66600.00
WALKING AND TRANSPORTATION
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Listing Information Last Updated 2/24/2020
Listing provided courtesy of Jonathan Weir, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of February 24, 2020. 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. IDX provided by Sierra Interactive.