2321 Pullman Ln, Redondo Beach, CA 90278 (MLS # SB18003272)

Price $2,000,000
Status Active
Beds 0
Baths 0 bath
Home size 4,730 sq ft
Lot Size 7,494 sqft
Days on Market 43
Rare opportunity to own a large 4-unit apartment building in North Redondo! The building is 1971 construction. It offers an ideal unit mix with (2) 3-bed/2-bath, (1) 2-bed/2-bath and (1) 2-bed/1-bath. All units have an upside rent potential with a 5.6% market CAP. One of the four units will be delivered vacant at the close of escrow. There is ample parking with 6 one-car garages plus 2 additional spots in the driveway. Located on a quiet street close to Manhattan Beach and Hermosa Beach. Just a short driving distance to the shops at the South Bay Galleria. And, part of the award-winning Redondo Beach School District. This is a great opportunity for first time investors that want to get into the prominent South Bay or for seasoned investors that simply want to increase their portfolio in the area.
Property Type(s): Residential Income
Last Updated 1/5/2018 Year Built 1971
Community 152 - N Redondo Bch/Villas Sou County Los Angeles

Additional Details

AREA 152 - N Redondo Bch/Villas Sou
LOT 7494 sq ft
LOT DESCRIPTION Lawn
POOL DESCRIPTION None
UTILITIES Public;
WATER Public
ZONING RBR-2

Location

 

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Listing provided by : Morgan Demasco CalBRE:02026375, Lyon Stahl Investment Real Estate, Inc.

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