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2103 Carnegie LN Redondo Beach, CA 90278
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Key Details
Sold Price $2,340,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,202 sqft
Price per Sqft $449
MLS Listing ID 24386597
Sold Date 07/17/24
Bedrooms 12
HOA Y/N No
Year Built 1963
Lot Size 7,505 Sqft
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 152 - N Redondo Bch/Villas South
Zoning RBR-3
Interior
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 4
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4156008014
Special Listing Condition Standard
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Bought with Gianluca Jacoli • Shield CRE, Inc.