$1,900,000
$1,995,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2621 Huntington LN Redondo Beach, CA 90278
4,471 SqFt
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,471 sqft
Price per Sqft $424
MLS Listing ID SB21189414
Sold Date 01/24/22
HOA Y/N No
Year Built 1953
Lot Size 7,505 Sqft
Acres 0.1723
Property Description
Significant Price reduction. The lowest price per sq. Ft. Units in all of Redondo Beach - only $446/sq.ft. Which means lots of rent upside. Four Unit building in El Nido area of North Redondo. Rents have not been raised in a long time and approximately 60% in rental upside. All units have 2 bathrooms. Two bedroom + 2 bath front house. In the back are two more 2 bedroom + 2 bath units, as well as a 3 bedroom + 2 bath owner's unit. Four Garage Spaces. 14.46 GRM and 4.84% cap rate at Market Rents. Front house built in 1953. Back 3 units built in 1963.
Location
State CA
County Los Angeles
Area 153 - N Redondo Bch/El Nido
Zoning RBR-2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description StreetLevel
Story Two
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4082005024
Energy Description 200.0
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Martin Ensbury • Keller Williams Beach Cities