$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.

  • 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
  • -
      • Garage Spaces7

Location

Beach City BrokersReal Estate Group

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