2103 Carnegie Lane

Redondo Beach, CA 90278

$2,340,000

Sold Price
12

bed Beds

8

shower Baths

5,202 sqft

straighten / sqft

1963

calendar_month Built

Property Description

Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.

Listing Information

Close Price $2,340,000
Close Date Wednesday, July 17th, 2024
Status Closed
MLS 24386597
Type Residential Income
Year Built 1963
Lot Size 7,506
Structure Size 5,202
DOM 16
Courtesy Of Shield CRE, Inc.
Listing Agent Gianluca Jacoli DRE#01938297

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 8

Exterior Information

Maps

Listing information courtesy of: Gianluca Jacoli, Shield CRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 19th, 2024 at 11:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.