$2,650,000
$2,250,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
110 Paseo De La Concha Redondo Beach, CA 90277
6 Beds
4 Baths
3,312 SqFt
Key Details
Sold Price $2,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $800
MLS Listing ID 23250817
Sold Date 05/22/23
Bedrooms 6
HOA Y/N No
Year Built 1955
Lot Size 8,672 Sqft
Property Description
We are pleased to present for sale, 110 Paseo De La Concha, located just steps away from the beach. First time on the market in over 30 years, this value-add property is the quintessential pride of ownership for rentals, or an opportunity for an owner-user looking occupy a unit. The building features four units, two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath. The square footage of the improvements is +/- 3,612, and the building sits on a large +/- 8,672 square foot lot. Paseo De La Concha sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. While the physical address of the property is Redondo Beach, the property is in the City of Torrance. Tenants of 110 Paseo De La Concha get the benefit of the amenities that both cities offer. The property has been well-maintained, however, current ownership has owned Paseo De La Concha for over three decades and hasn't repositioned or renovated the property to suit the demand for luxury units. New ownership can also explore other income generating options such as vacation rentals or adding ADU units.
Location
State CA
County Los Angeles
Area 128 - Hollywood Riviera
Zoning TORR-MD
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Disposal, Microwave
Exterior
Garage Detached Carport
Parking Type Detached Carport
Attached Garage No
Total Parking Spaces 4
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 7511019002
Special Listing Condition Standard
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Bought with Adam Zunder • Iconic Investments