224 S Broadway
Redondo Beach, CA 90277
0.17 acres | #SB20263623
Description
PRICE REDUCED. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with
three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax
reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss
this opportunity - Bring your offer now while it lasts!! Please note: the historical application has been applied.
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Provided By
Listing Agent: Takeshi Kida (#SBKIDATAK)
Listing Office: Meldia Investment Realty of America (#SB1351280)
Provided By (Buyer)
Buyer's Agent: Keiko Yamagishi (#SBYAMAKEI)
