$1,900,000
$1,799,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
227 S Francisca Ave Redondo Beach, CA 90277
5,989 Sqft Lot
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22059403
Sold Date 05/18/22
HOA Y/N No
Year Built 1912
Lot Size 5,989 Sqft
Property Description
A great investment opportunity! Just a short walk to the Redondo Beach Pier, this prime location triplex has incredible upside income potential. There are two 1 bedroom 1 bath units at the front of the property. Behind the duplex sits a free-standing 2 bedroom 1 bath home with a yard and garage along with laundry. Current tenants are month to month with rents below market. With pro-forma rents, you can get to a premium cap rate. This is also a great owner-user for those looking to live in South Redondo and have additional units to help pay rent.
Location
State CA
County Los Angeles
Area 155 - S Redondo Bch N Of Torrance Bl
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Garage Door-Single, Driveway, Garage, Paved
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Dog Park, Fishing, Sidewalks, Water Sports
Utilities Available Electricity Available
Roof Type Shingle
Parking Type Door-Single, Driveway, Garage, Paved
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Lawn, Rectangular Lot
Faces East
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7505020001
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Muhammad Chaudhri • La Maison Realty