$1,200,000
Closed

308 Ruby Street

Redondo Beach, CA 90277
0.06 acres | #SB16017409
Listing OfficeBeach City Brokers
Type:Multi-Family
Structure:House
Zone:Commercial

Description

CASH COW! Early 1900's beach cottage apartment building, small but full of charm and character. City records shows as a 4 unit apartment, currently used as 7 units (buyer to verify) three or more of the units may be non conforming. Mix includes (5) one bedroom one bath and (2) studios. 5 of the units have recently been updated with remodeled baths, new wood vinyl flooring, new appliances, new heaters and paint. Separate laundry room with coin-op machines, large walk-in basement with separate storage units for tenants and landlord. Located only 2 1/2 blocks to the beach. Current yearly income is approximately $118K (buyer to verify) property to be sold as in conditions with no warranties or repairs or credits ( remember it is a 100 year old property two blocks to the beach and a cash cow!) Please do not disturb tenants. All offers subject to inspection.

Location

Gary ElminoufiCEO / Broker | DRE # 01139207
OR