Redondo Beach, CA 90278,1920 Rockefeller LN
Redondo Beach, CA 90278,1920 Rockefeller LN
Redondo Beach, CA 90278,1920 Rockefeller LN
Redondo Beach, CA 90278,1920 Rockefeller LN
Redondo Beach, CA 90278,1920 Rockefeller LN
Redondo Beach, CA 90278,1920 Rockefeller LN
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$1,375,000

$1,549,000

11.2%
Est.Price: ?

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Est. payment /mo

6,734 Sqft Lot


SOLD DATE : 09/30/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24132969

Sold Date 09/30/24

HOA Y/N No

Year Built 1949

Lot Size 6,734 Sqft

Property Description

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

Location

State CA

County Los Angeles

Area 151 - N Redondo Bch/Villas North

Zoning RBR-3

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

Total Parking Spaces 7

Private Pool No

Building

Lot Description Back Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4156014002

Acceptable Financing Conventional, Submit

Listing Terms Conventional, Submit

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Keith Brabec • Century 21 Union Realty • 310-344-9322
Bought with Melissa Pilon • Compass
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