2103 Carnegie Lane, Redondo Beach, CA 90278
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Sold Price :
$2,340,000
-
Beds :
12
-
Baths :
8
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Property Size :
5,202 sqft
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Year Built :
1963
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.
Interior Features
Bedroom Information |
Bedrooms |
12 |
Bathroom Information |
Bathrooms |
8 |
Listing Information
Address |
2103 Carnegie Lane |
City |
Redondo Beach |
State |
CA |
Zip |
90278 |
County |
Los Angeles |
Listing Agent |
Gianluca Jacoli DRE #01938297 |
Courtesy Of |
Shield CRE, Inc. |
Close Price |
$2,340,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
5,202 |
Lot Size |
7,506 |
Year Built |
1963 |
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.