Active
$895,000
3%
4 Units
1 Beds
1 Baths
2,872 Area(sq.ft.)
Lot: 6,893 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 1 | 1 | No | $ 1,312 | $ 5,246 | $ 1,900 |
| 4 | 4 | 4 | $ 5,248 | $ 20,984 | $ 7,600 |
| MLS #: | PW25113997MR |
| Days On Market: | 198 |
| Listing Date: | May 21, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 312 |
| Price per unit: | $ 223,750 |
| Year Built: | 1954 |
Property Details
716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property s potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU s (buyer to verify). 716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows. The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities top employers: the Memorial Hospital of Gardena and the Hustler Casino.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LAR3 |
| Land Lease Type: | Fee |
Interior
| Laundry: | Inside |
Exterior
| Pool: | No |
Detailed Map
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Income
