Redondo Beach, CA 90277,404 N Broadway
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Redondo Beach, CA 90277,404 N Broadway
Redondo Beach, CA 90277,404 N Broadway
Redondo Beach, CA 90277,404 N Broadway
Redondo Beach, CA 90277,404 N Broadway

$4,400,000

Est. payment /mo

$4,570,000

3.7%
Est.Price: ?

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404 N Broadway Redondo Beach, CA 90277

13 Beds

13 Baths

6,902 SqFt

SOLD DATE : 03/15/2024

Key Details

Sold Price $4,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,902 sqft

Price per Sqft $637

MLS Listing ID 23327547

Sold Date 03/15/24

Bedrooms 13

HOA Y/N No

Year Built 1973

Lot Size 10,506 Sqft

Property Description

We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Zoning RBR-3A

Interior

Fireplace No

Exterior

Garage Door-Multi, Door-Single, Garage

Garage Spaces 11.0

Garage Description 11.0

Porch Rooftop

Parking Type Door-Multi, Door-Single, Garage

Attached Garage No

Total Parking Spaces 12

Building

Faces West

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 7503016034

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nabil Awada • Matthews Real Estate Investment Services
Bought with Tatsuya Nakanishi • Person Realty Inc.

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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