414 N Broadway

Redondo Beach, CA 90277 View Map $2,480,450 Ask a Question
Acres0.14
Year1972
414 N Broadway Redondo Beach, CA 90277 | MLS PV19169547 Photo 1
414 N Broadway Redondo Beach, CA 90277 | MLS PV19169547 Map
Greg Geilman

Greg Geilman

(310) 853-3073
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Status: Sold
Property Type:Quadruplex
MLS #:PV19169547
Date Sold:9/20/2019
Lot Size:0.14 Acres
County:Los Angeles
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.

Detailed Maps

Community Information

Address:414 N Broadway Redondo Beach, CA 90277
Area:(157) S Redondo Bch W of PCH
County:Los Angeles
City:Redondo Beach
Zip Code:90277

Architecture

Year Built:1972
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

Property Features

Lot Size: 0.14 Acres / 5992 Sq. Ft.
Lot Features: Front Yard, Garden, Landscaped, Lawn, Yard
Lot Number: 23
Sewer: Public Sewer
Water: Public
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

Schools

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Listing Information Last Updated 2/16/2020
Listing provided courtesy of Haley Larson, RE/MAX Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of February 16, 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.