$1,505,000
$1,595,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
218 Ruby Street Redondo Beach, CA 90277
4 Beds
2 Baths
1,800 SqFt
Key Details
Sold Price $1,505,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $836
MLS Listing ID SB21158111
Style Townhome
Bedrooms 4
Full Baths 2
Year Built 1949
Lot Size 5,359 Sqft
Property Description
218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.
218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.
Location
State CA
County Los Angeles
Area Redondo Beach (90277)
Zoning RBR-3A
Interior
Flooring Carpet, Wood
Laundry Outside
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat
Building
Lot Description Corner Lot, Easement Access, Sidewalks
Sewer Public Sewer
Water Public
Others
Acceptable Financing Exchange
Listing Terms Exchange
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Bought with Kyle Daniels • Vista Sothebys International Realty