• Closed | 2116 Bataan  Road Redondo Beach, CA 90278 0
Listing courtesy of: CRMLS / Re/Max Estate Properties
     
Save Saved!

2116 Bataan Road

Redondo Beach, CA 90278

View on Map
Closed
 
Agent
Please enter a name.
Please enter an email.
Please enter a phone number.
Please enter a message.
Loading...

Description

4 LARGE townhouse style units. High demand, easily rented units. All long term tenants, all month to month. Currently below market rents. Building and units in good condition (but interiors could use updating to increase rents). 3 bedroom 2 bath - "owner's unit" has fireplace, dishwasher and large balcony. All other units have 2 bedrooms 1 1/2 baths. All units have and washer, dryer hookups. Units B & C have read more Balconies. 3 units have detached 2 car garages; 1 unit has attached 1 car garage with direct entry to the unit. All electric building with individual meters. The location is excellent, wide street with good mix of properties including new and newer construction. The location has superior access to freeways and all services - it is also Manhattan Beach adjacent. With a little updating the rents should match the (pro-forma that is stated below). POTENTIAL gross income of $112,800 with current actual expenses and new taxes NOI would be $80,988 - this is a 4.2 CAP rate and 16.8 GRM. Offers are subject to inspection and presented as a 1031 Exchange at no cost, liability or delay to the buyer.

Property Details

Parking

  • Garage Spaces: 7.00

Construction Details

Type & Style

  • Property Type: Residential Income

Condition

  • Built In: 1968

Community and Neighborhood Details

Location

  • County: Los Angeles

This listing provided courtesy of California Regional Multiple Listing Service ("CRMLS"). The information contained in this listings had not been verified by us or the MLS and should be verified by the buyer.

Last Updated: Jun 25th, 2020. Source: CRMLS

Location

2116 Bataan Road Redondo Beach, CA 90278
Get Directions

Buyer's Agent

Tim Hovland
Beach City Brokers

See how Beach City Brokers can help with your real estate needs!

Contact Us

Are you sure you want to delete this?

ConfirmCancel
Agent
Please enter a name.
Please enter an email.
Please enter a phone number.
Please enter a message.
Loading...
Beach City Brokers

Beach City Brokers

Beach City Brokers

Our office is located at 200 South Pacific Coast Highway.
Name
Please enter your name.
Phone
Please enter your phone.
Message
Please enter your message.

Log In

Welcome back! Access your account below.
Please enter a login.
Please enter a password.
New user? Create an account Forgot password? Reset it here

Create My Free Account

Search Homes, Favorite Listings, and more!
Please enter a name.
Please enter an email.
Please enter a phone.
Have an account? Log In

By submitting, you agree to our Terms & Privacy.
We make every effort protect your personal privacy.

Create My Free Account

Search Homes, Favorite Listings, and more!
Please enter an email.
Have an account? Log In
Please enter your name.
Please enter a phone number.
No thanks

By submitting, you agree to our Terms & Privacy.
We make every effort protect your personal privacy.