• Active | 224 S Broadway Redondo Beach, CA 90277 0
  • Active | 224 S Broadway Redondo Beach, CA 90277 1
  • Active | 224 S Broadway Redondo Beach, CA 90277 2
  • Active | 224 S Broadway Redondo Beach, CA 90277 3
  • Active | 224 S Broadway Redondo Beach, CA 90277 4
  • Active | 224 S Broadway Redondo Beach, CA 90277 5
  • Active | 224 S Broadway Redondo Beach, CA 90277 6
Listing courtesy of: CRMLS / Meldia Investment Realty of America
     
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224 S Broadway

Redondo Beach, CA 90277

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  • 0.17 Acres
Active

$2,350,000

 
David Dinnel
Real Estate Group
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Description

PRICE REDUCED. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and read more cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with
three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax
reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss
this opportunity - Bring your offer now while it lasts!! Please note: the historical application has been applied.

Property Details

Measurements

  • Acres: 0.1723

Parking

  • Garage Spaces: 2.00

Construction Details

Type & Style

  • Property Type: Residential Income

Condition

  • Built In: 1920
  • Year Built: 1920

Community and Neighborhood Details

Location

  • County: Los Angeles

Other

Source

  • MLS #: SB20263623

This listing provided courtesy of California Regional Multiple Listing Service ("CRMLS"). The information contained in this listings had not been verified by us or the MLS and should be verified by the buyer.

Last Updated: Feb 27th, 2021. Source: CRMLS

Location

224 S Broadway Redondo Beach, CA 90277
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Agent

David Dinnel
Real Estate Group

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David Dinnel
Real Estate Group
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David Dinnel

David Dinnel

Beach City Brokers

Our office is located at 200 South Pacific Coast Highway.
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