$2,650,000
$2,250,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
110 Paseo De La Concha Redondo Beach, CA 90277
6 Beds
4 Baths
3,312 SqFt
Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $800
MLS Listing ID 23-250817
Sold Date 05/22/23
Bedrooms 6
Year Built 1955
Lot Size 8,672 Sqft
Acres 0.1991
Property Sub-Type Multi-Family
Property Description
We are pleased to present for sale, 110 Paseo De La Concha, located just steps away from the beach. First time on the market in over 30 years, this value-add property is the quintessential pride of ownership for rentals, or an opportunity for an owner-user looking occupy a unit. The building features four units, two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath. The square footage of the improvements is +/- 3,612, and the building sits on a large +/- 8,672 square foot lot. Paseo De La Concha sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. While the physical address of the property is Redondo Beach, the property is in the City of Torrance. Tenants of 110 Paseo De La Concha get the benefit of the amenities that both cities offer. The property has been well-maintained, however, current ownership has owned Paseo De La Concha for over three decades and hasn't repositioned or renovated the property to suit the demand for luxury units. New ownership can also explore other income generating options such as vacation rentals or adding ADU units.
Location
State CA
County Los Angeles
Area Hollywood Riviera
Zoning TORR-MD
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s), Wall/Window
Equipment Dishwasher, Microwave, Garbage Disposal
Exterior
Parking Features Carport Detached
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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