1804 Flagler Lane
Redondo Beach, CA 90278
0.11 acres | #PW23095581
Description
Well maintained 7 unit apartment building located in North Redondo Beach. First time on the market in almost 40 years. The unit mix consists of a 1-2bd/2ba unit and 6-1bd/1ba units and 7 garages. Property is separately metered for gas and electric and has a leased onsite laundry facility. Property is low maintenance and primarily consists of stable long term tenants. 3 of the units have been recently renovated. Projected rental upside of over 25%. Located in a high demand rental area with close proximity to the beach and convenient access to the 405 freeway. Great opportunity to acquire a quality income producing asset in a highly desirable neighborhood. Back on the market through no fault of the property.
Property Details
- Lot DescriptionLevel
- Stories2
Measurements
- Acres0.1148
Construction Details
- Property TypeInvestment
Condition
- Year Built1963
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,800,000
- Buying Agency Compensation2.000
Other
- MLS #PW23095581
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- Garage Spaces7
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Philip Barton (#PBARTPHI)
Listing Office: Philip Barton, Broker (#PB21579)
Listing Courtesy (Buyer)
Buyer's Agent: Rick Pranada (#SBPRANRIC)