We are pleased to present an opportunity to acquire a 5 unit multifamily property located in Redondo Beach. For the first time on the market in over 40 years, this property presents a significant value add opportunity for a new owner. The interiors are completely original and there is some deferred maintenance on the property. This property is comprised of a single story home and four apartments over garages. There read more might be an opportunity to convert some of the garages into ADUs. Buyer to verify**. Please ask to see our inspection report detailing some of the deferred maintenance items. This is a contractor or value add buyers dream deal and wont last long! -Contractor or Value Add Buyers Dream, -First time on the market in over 40 years, -Possible ADU conversion while still keeping ample parking, -Over 35% upside in rents, -Located next to brand new construction
This listing provided courtesy of California Regional Multiple Listing Service ("CRMLS"). The information contained in this listings had not been verified by us or the MLS and should be verified by the buyer.
Last Updated: Oct 16th, 2021. Source: CRMLS