Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!
Property Details
Price:
$2,350,000
MLS #:
SB24225852
Status:
Active
Baths:
0
Address:
2513 Carnegie Lane
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
152nredondobchvillassouth
City:
Redondo Beach
Listed Date:
Nov 1, 2024
State:
CA
ZIP:
90278
Lot Size:
7,504 sqft / 0.17 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Community Features
Biking, Park, Urban
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address2513 Carnegie Lane Redondo Beach CA
- Area152 – N Redondo Bch/Villas South
- CityRedondo Beach
- CountyLos Angeles
- Zip Code90278
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Courtesy of Buckingham Investments, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2513 Carnegie Lane
Redondo Beach, CA
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