2513 Carnegie Lane

Redondo Beach, CA 90278 Active for $2,350,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 7,504 sqft


Property Facts
MLS SB24225852
Year Built 1962
Property Type Apartment
County Los Angeles
Status Active
Active $2,350,000
Structure Size N/A sqft
Lot Size 7,504 sqft
Beds N/A
Baths N/A

Description

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!

Listing information courtesy of: Malcolm Zeger, Buckingham Investments, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 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.


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