$2,500,000
Closed

1804 Flagler Lane

Redondo Beach, CA 90278
0.11 acres | #PW23095581
Listing OfficePhilip Barton, Broker
Type:Multi-Family
Structure:House
Zone:Residential

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.

Location

Beach City Brokers Real Estate Group