2701 Curtis Avenue, Redondo Beach, CA, 90278

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$2,750,000
122 Days On Site

2701 Curtis Avenue
Redondo Beach, CA 90278

For Sale|Apartment|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
5,090
SqFt
$540
/SqFt
1964
Built
County:
Los Angeles
Listed by Brett Lyon of Lyon Stahl Investment Real Estate, Inc. [email protected]

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2701 Curtis Avenue2701 Curtis Avenue2701 Curtis Avenue2701 Curtis Avenue
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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.

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Listing Snapshot
Price 
$2,750,000
Days On Site 
122 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,090 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1723 Acres
Year Built 
1964
MLS® Number 
SB24174441
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active Under Contract
3 weeks agoListing updated with changes from the MLS®
3 months agoPrice changed to $2,750,000
4 months agoListing first seen on site
General Features
Acres 
0.1723
Garage 
Yes
Garage Spaces 
8
Number Of Stories 
2
Parking Spaces 
8
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5090
Water Source 
Public
Zoning 
RBR-3
Interior Features
Laundry Features 
Laundry Room
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First and second floor
Community Features 
Curbs
Financing Terms Available 
CashConventional
MLS Area 
151 - N Redondo Bch/Villas North


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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