$2,340,000
$2,400,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2103 Carnegie Ln Redondo Beach, CA 90278
12 Beds
8 Baths
5,202 SqFt
Key Details
Sold Price $2,340,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,202 sqft
Price per Sqft $449
MLS Listing ID 24-386597
Sold Date 07/17/24
Bedrooms 12
Year Built 1963
Annual Tax Amount $26,400
Lot Size 7,506 Sqft
Acres 0.1724
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area N. Redondo Beach/Villas South
Zoning RBR-3
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 4.0
Building
Story 3
Level or Stories Multi/Split
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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