Redondo Beach, CA 90278,2701 Curtis AVE
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Redondo Beach, CA 90278,2701 Curtis AVE
Redondo Beach, CA 90278,2701 Curtis AVE
Redondo Beach, CA 90278,2701 Curtis AVE
Redondo Beach, CA 90278,2701 Curtis AVE
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$ 2,750,000
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Contingent

2701 Curtis AVE Redondo Beach, CA 90278

7,504 Sqft Lot


UPDATED:

12/02/2024 11:34 PM

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRSB24174441

Originating Board California Regional MLS

Year Built 1964

Lot Size 7,504 Sqft

Property Description

Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.

Location

State CA

County Los Angeles

Area 151 - N Redondo Bch/Villas North

Interior

Laundry In Laundry Room

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 4153030006

Special Listing Condition Not Applicable , Accepting Backups


MLS Listing IDX PLUS
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

The Walker Team

Agent | License ID: 01244287

+1(650) 383-7298

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2701 Curtis AVE