1920 Rockefeller Lane, Redondo Beach
Redondo Beach Home For Sale
Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property
Property Details
Additional Information
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- City:
- Redondo Beach
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- County:
- Los Angeles
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- Zip:
- 90278
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- MLS® #:
- SB24132969
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- Bedrooms:
- 6
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- Bathrooms:
- 3
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- Lot Size:
- 0.15
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- Garages:
- 3
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- HOA Dues:
- $
Price Change History for 1920 Rockefeller Lane, Redondo Beach, (MLS® #SB24132969)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Price Reduced (from $1,650,000) | $1,549,000 | $101,000 (6.12%) | |
| Pending (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2024 at 11:35am PDT. 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. 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, 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.