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$2,199,800
Est. payment /mo
6,002 Sqft Lot
UPDATED:
12/19/2024 05:52 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24246086
HOA Y/N No
Year Built 2023
Lot Size 6,002 Sqft
Property Description
Incredible opportunity to step into a fabulous-turn-key income-producing property in the heart of east Redondo Beach's "El Nido" neighborhood. This 3,350 sq. foot property with two brand new built homes and remodeled front house is perfect for the investor or landlord that likes low deferred maintenance over the coming years of ownership. Monthly occupied rents are very close to current market value and offer a competitive cap rate. The two New Built Homes to the rear of the lot have mirror layouts and offer a large open "loft-like" first floor area with a modern kitchen, washer and dryer, high-end appliances, great entertainment area and operational solar panels, which lower energy costs. A downstairs bath exudes quality and convenience for family and guests. With tons of light and a bespoke modernistic feel, these units are designed to please. Upstairs, it includes a primary suite with dual sinks in the highly appointed full bath with walk in closet, and the secondary bedroom with an additional highly appointed full bath. Off street parking is plentiful with a generous outside common area. The level of build quality and luxury far exceeds standard rental "expectations" and helps contribute to anticipated competitive rental rates and income longevity. The front house features 2 bedrooms and 2 baths and is completely remolded with newer windows and wide plank flooring. This light and bright airy feeling in the front house offers western exposure for sea breezes, and gleaming sunset and dusk views with plenty of ambiances. The amazing open floor plan leads to a generous family area adjacent to a modernly appointed kitchen with a wrap-around tile counter and breakfast bar. The two bedrooms offer spacious privacy with two bathrooms for convenience. An in-unit laundry area is a dream bonus for the discerning renter. Ample off street parking is a plus. Plus, there is a possibility of adding an additional unit on the property, the property permits are set up for this. As well,
Location
State CA
County Los Angeles
Area 153 - N Redondo Bch/El Nido
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Dog Park
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4083005008
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Danny Mayari • Pellego, Inc. • 310-817-9477
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908