$1,900,000
Sold

2621 Huntington Lane

Redondo Beach, CA 90278
0.17 acres | #SB21189414
Listing OfficeKeller Williams Beach Cities
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Significant Price reduction. The lowest price per sq. Ft. Units in all of Redondo Beach - only $446/sq.ft. Which means lots of rent upside. Four Unit building in El Nido area of North Redondo. Rents have not been raised in a long time and approximately 60% in rental upside. All units have 2 bathrooms. Two bedroom + 2 bath front house. In the back are two more 2 bedroom + 2 bath units, as well as a 3 bedroom + 2 bath owner's unit. Four Garage Spaces. 14.46 GRM and 4.84% cap rate at Market Rents. Front house built in 1953. Back 3 units built in 1963.

Location

Manon SchillerReal Estate Group
OR

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