Lot Size:0.14 Acres
A+ Location to own an income producing property West of PCH and just a short walk to the Beach, Pier, and Rivera Village! Four Units, all townhouse style, all two bedroom one & a half bathrooms with private yards, individual laundry and a total of six enclosed garage spaces. Front two units have been COMPLETELY remodeled inside and out. Updates include all new kitchen cabinets, with custom quartz countertops, stainless steel appliances, new flooring, all new bathrooms, new vinyl windows and solid core doors & all new fixtures throughout. The rear two units have been well maintained and currently have longterm tenants. Exterior of the building was just painted and freshly landscaped, all new garage doors, and a black matte metal roof. Ideal location for a longterm hold with appreciation potential inherent in the South Redondo Pier renovations imminent.
Address:414 N Broadway Redondo Beach, CA 90277
Area:(157) S Redondo Bch W of PCH
Total Units: 4
Unit 1: 1 Unit•2 Beds•2 Baths•2 Garages•Unfurnished•$3,000 actual rent•$3,000 total rent•$3,300 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•1 Garage•Unfurnished•$2,700 actual rent•$2,700 total rent•$3,000 pro forma
Unit 3: 1 Unit•2 Beds•2 Baths•1 Garage•Unfurnished•$2,000 actual rent•$2,000 total rent•$3,000 pro forma
Unit 4: 1 Unit•2 Beds•2 Baths•2 Garages•Unfurnished•$2,400 actual rent•$2,400 total rent•$3,300 pro forma
Basement: Electricity, Gas, Water
Garage Spaces: 6
Features / Amenities
Common Walls: 2+ Common Walls
Parking Total: 6
Lot Size: 0.14 Acres / 5992 Sq. Ft.
Lot Features: Front Yard, Garden, Landscaped, Lawn, Yard
Lot Number: 23
Sewer: Public Sewer
Directions:West of PCH, South of Beryl
Tax and Financial Info
Tenant Pays: Electricity, Gas, Water
Land Lease: No
Insurance Expense: 1800.00
Trash Expense: 2160.00
Water / Sewer Expense: 2950.00
Total Expenses: 36360.00
Gross Annual Income: 121200.00
WALKING AND TRANSPORTATION
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Listing Information Last Updated 2/20/2020
Listing provided courtesy of Haley Larson, RE/MAX Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of February 20, 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.