717 S Pacific Coast Redondo Beach, CA 90277
Sale
$7,500,000
11 Units
3 Beds
3 Baths
7,900 Area(sq.ft.)
14,843 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 5 | 1 | 1 | No | $ 1,400 | $ 7,000 | $ 7,000 |
| Unit 2 | 4 | 2 | 1 | No | $ 2,500 | $ 10,000 | $ 10,000 |
| Unit 3 | 2 | studio | 1 | No | $ 2,500 | $ 5,000 | $ 5,000 |
| 3 | 11 | 13 | 11 | $ 22,000 | $ 85,000 | $ 85,000 |
| MLS #: | SB23119331MR |
| Days On Market: | 244 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 949 |
| Price per unit: | $ 681,818 |
| Year Built: | 1962 |
Property Details
11 units. Trophy property in an amazing South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with great frontage and signage. All 9 residential units of PCH behind office commercial spaces. Office space currently used as an insurance office and pilates studio and approximately 600-800 sq ft each. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently increased.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 19,564 |
| Net Operating Income: | $ 232,436 |
| Cap Rate: | 3% |
Structure
| Community Features: | Biking, Curbs, Dog Park, Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | RBC-2 |
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
Schools
Find a great school for your child
Income
