118 S Lucia, Redondo Beach, CA 90277

$2,695,000

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List Price
$2,695,000
Status
ACTIVE
MLS#
SB26126857
Year Built
1971
Lot Size
6,164
Acres
0.14
Lot Location
Rectangular Lot
Days on Market
48
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Large 4 unit building. Each townhouse style unit is spacious and features its own private rooftop deck. Located near top rated schools, the beachand a vast selection of shopping and dining options, these units are always in high demand. Units include one 3 bed/2.5bath front unit and three2/1.5 bath units. The property offers ample parking with three 2 car garages. The garages and the lower level of the 3 bedroom front unit presenta potential ADU opportunity (check with the city), which will further increase income. The city of Redondo Beach is subject only to state rentcontrol (AB1482).

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$150,204
Operating Expense
50538

Listing courtesy of Listing Agent: Bill Ruane (bill@billruane.net) from Listing Office: Estate Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.