Redondo Beach, CA 90278,1714 Clark LN
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Redondo Beach, CA 90278,1714 Clark LN
Redondo Beach, CA 90278,1714 Clark LN
Redondo Beach, CA 90278,1714 Clark LN
Redondo Beach, CA 90278,1714 Clark LN

$2,559,500

Est. payment /mo

$2,650,000

3.4%
Est.Price: ?

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1714 Clark LN Redondo Beach, CA 90278

7,501 Sqft Lot

SOLD DATE : 02/27/2024

Key Details

Sold Price $2,559,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23172337

Sold Date 02/27/24

HOA Y/N No

Year Built 1969

Lot Size 7,501 Sqft

Property Description

Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.

This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.

Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!

Location

State CA

County Los Angeles

Area 154 - N Redondo Bch/Golden Hills

Zoning RBR-2

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4161010027

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Austin Zahn • Lyon Stahl Investment Real Estate, Inc. • 310-613-1251
Bought with Nicholas Phillips • Compass

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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