2701 Curtis Avenue, Redondo Beach
Redondo Beach Home For Sale
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 $349,375 per unit, the property boasts a strong income with a 4.36% CAP rate and a 14.80 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.82%. 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.
Property Details
Additional Information
-
- City:
- Redondo Beach
-
- County:
- Los Angeles
-
- Zip:
- 90278
-
- MLS® #:
- SB24174441
-
- Bedrooms:
- 10
-
- Bathrooms:
- 8
-
- Lot Size:
- 0.17
-
- Garages:
- 8
-
- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 27th, 2024 at 12:22pm 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.