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$2,250,000

Est. payment - /mo

7,492 Sqft Lot

Active

2204 Carnegie LN Redondo Beach, CA 90278

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25084640

Construction Status Turnkey

HOA Y/N No

Year Built 1957

Lot Size 7,492 Sqft

Property Sub-Type Quadruplex

Property Description

Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.

Location

State CA

County Los Angeles

Area 152 - N Redondo Bch/Villas South

Zoning RBR-3

Rooms

Other Rooms Shed(s)

Interior

Interior Features Ceiling Fan(s), Quartz Counters, Unfurnished, Bedroom on Main Level

Heating Wall Furnace

Cooling None

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Assigned, Concrete, Driveway, Garage Faces Front, Garage, Garage Door Opener

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Biking, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected

View Y/N No

View None

Accessibility No Stairs

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped, Level, Rectangular Lot

Faces North

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 4157012010

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 17.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard, No Smoking

Virtual Tour https://bit.ly/42yEMOX

Listed by Alex Smith • eXp Realty of California Inc • 4242593830

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