Redondo Beach, CA 90278,1920 Rockefeller Lane
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Redondo Beach, CA 90278,1920 Rockefeller Lane
Redondo Beach, CA 90278,1920 Rockefeller Lane
Redondo Beach, CA 90278,1920 Rockefeller Lane
Redondo Beach, CA 90278,1920 Rockefeller Lane

$1,375,000

Est. payment /mo

$1,549,000

11.2%
Est.Price: ?

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1920 Rockefeller Lane Redondo Beach, CA 90278

6 Beds

3 Baths

6,736 Sqft Lot

SOLD DATE : 09/30/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24132969

Bedrooms 6

Lot Size 6,736 Sqft

Property Description

Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property
Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property

Location

State CA

County Los Angeles

Area Redondo Beach (90278)

Zoning Assessor

Building

Story 1

Others

Monthly Total Fees $192

Acceptable Financing Conventional

Space Rent $2,275

Listing Terms Conventional

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San Diego Regional MLS (SDMLS)
Listed by Keith Brabec • Century 21 Union Realty
Bought with Melissa Pilon • Compass
agent

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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