1902 Camino de la Costa, Redondo Beach

$2,680,000

1902 Camino de la Costa, Redondo Beach
  • UNITS:  4 + 1
  • UNIT MIX:  (4) 2 Bed / 1 Bath, and (1) Studio (Non-Conforming)
  • YEAR BUILT: 1949
  • CAP RATE: 3.50%
  • GRM: 18.78
  • BUILDING SF: 3,283
  • LAND SF: 6,000

DESCRIPTION

> Prime Location in Redondo Beach, CA
> Common Courtyard and Lush Greenery
> (3) Single-Car Garages, and (3) Uncovered Parking Spaces
> On-Site Laundry Facility
> 528 Feet (3 Minute Walk) to the Beach
> 1.5 Miles to Redondo Beach Pier, and 4.5 Miles to Old Towne Torrance

Located in Redondo Beach, CA, this rare multifamily investment opportunity is a short three-minute walk to the Beach and Miramar Park. Situated on 6,000 SF of land, this complex consists of Four (4) 2 Bed, and 1 Bath Units (750 SF) and One (1) Non-Conforming Studio (283 SF). Residents have access to a common courtyard with a barbeque and outdoor seating, and well as an on-site laundry facility. There is ample street parking in the front of the property, along with three single-car garages, and three opened spaces in the back.



LISTING BROKER(s)

Pat Swanson
Executive Vice President

MOBILE: 213.864.2862
EMAIL: pat.swanson@colliers.com
DIRECT: 949.724.5564
LICENSE #: 01382974