Property Showcase

1927 Artesia BoulevardREDONDO BEACH, CA 90278 0

$3,875,000
Multi-Family
Status: Active
  • Sqft:
  • Lot:0.15 acre
  • MLS#: SB21174784
33.873146057128906-118.37889862060547
Courtesy Of Jim Lisi, DRE#01411669, One Pacific Properties

Description:

1927 Artesia Blvd, Redondo Beach, CA, is a well-maintained seven unit mixed-use beach property built in 1962. The building offers nearly 6,000 square feet of living space on a 6,474 square foot lot in a Prime Beach City Location. The unit mix consists of (1) 3 bed/2 bath, (1) 3 bed/1 bath, (4) 2 bed/1 bath, and (1) 850 sq ft commercial space. All units have been upgraded over the past five years. This property features an on-site owned laundry area, 2 garages, 7 covered parking stalls, gated driveway, and easy walking distance to restaurants, shops, and entertainment. 100% occupied with a stable tenant roster, this Redondo Beach property is a top choice for owner-users or yield-focused investors.

Main Features:

Listing Status Active Year Built 1962
Garage 2.0 Floors 2
County LOS ANGELES Rental Price $0
Units 7

Additional Features:

Appliances Dryer
Washer
Carport Y
Common Walls Item2CommonWalls
Community Features Biking
Curbs
Gated
Sidewalks
StreetLights
Garage Y
HOA $0.00
Laundry CommonArea
InCarport
Levels Two
Listing Service FullService
Listing Type ExclusiveRightToSell
Lot Description StreetLevel
New Construction N
Pool None
Property Subtype Apartment
Security Features GatedCommunity
Sewer PublicSewer
Special Conditions Standard
Tenant Pays Electricity
Gas
Terms CashtoNewLoan
Item1031Exchange
Water Public
Year Built Source Assessor

Extra Features:

Annual Trash Expense 1632 Building Square Feet 5881
Cap Rate 3.6 Carport Spaces 7
CDOM 138 DOM 138
Electric Exp 1475 Gross Income 194400
Gross Income 900 Gross Scheduled Income 194400
Insurance Expense 2200 Listing Key 536843992
Net Operating Income 135373 Number of Buildings 1
Operating Expense 59027 Parcel Number 4155029033
Public Document Count 1 Water Sewer Exp 3120

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 1/20/2022 12:05:10 AM

1927 Artesia Boulevard, REDONDO BEACH, CA 90278

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 1/20/2022 12:05:10 AM

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