2513 Carnegie Lane, Redondo Beach, CA 90278 - MLS#SB24225852

Redondo Beach, CA 90278,2513 Carnegie Lane

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Nicole Hazelton

[email protected] +1(619) 206-1892

$2,350,000

Est. payment - /mo

9 Beds

6 Baths

7,504 Sqft Lot

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UPDATED:

11/05/2024 02:49 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24225852

Bedrooms 9

HOA Y/N No

Lot Size 7,504 Sqft

Property Description

Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!
Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

Location

State CA

County Los Angeles

Area Redondo Beach (90278)

Zoning Assessor

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $203

Acceptable Financing Cash, Conventional

Space Rent $3,350

Listing Terms Cash, Conventional

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Listed by Malcolm Zeger • Buckingham Investments, Inc

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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