2204 Carnegie LN Active Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90278
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25084640
Year Built 1957
Lot Size 7,492 Sqft
Property Sub-Type Quadruplex
Property Description
Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.
Location
State CA
County Los Angeles
Area 152 - N Redondo Bch/Villas South
Zoning RBR-3
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Cooling None
Flooring Tile,Vinyl
Fireplaces Type None
Laundry Washer Hookup,Gas Dryer Hookup,Inside
Exterior
Parking Features Assigned,Concrete,Driveway,Garage Faces Front,Garage,Garage Door Opener
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Biking,Gutter(s),Storm Drain(s),Street Lights,Suburban,Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Available,Water Connected
View Y/N No
View None
Building
Lot Description Landscaped,Level,Rectangular Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard,No Smoking
Virtual Tour https://bit.ly/42yEMOX