2013 Rockefeller Lane

Description

Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean | Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units | 4.76% Cap Rate & 14.42 GRM | 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | New Cool Roof | 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf | New Fascia, Gutters & Exterior LED Lights | Most Electrical Panels Replaced New Copper Water Line | Total of 10 Garages | Laundry Room with Newer Machines | Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach

Listing information courtesy of: Jonathan Nikfarjam, Shield CRE, Inc. 310-593-9868. *Based on information from the Association of REALTORS/Multiple Listing as of 04/03/2025 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.