$2,250,000

2204 Carnegie Lane , Redondo Beach, CA 90278

 
Bedrooms:8 beds
Bathrooms:4 baths
(None specified):2,904 sqft
Lot:0.17
Year Built:1957
Listing Status:Active

Listing Agent

Alex Smith
https://www.exprealty.com
We cannot obtain a map view for this location. Please See Google Maps for any possible street views and other mapping views.
We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
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Description

See the 360 Tour https://bit.ly/42yEMOX *** Call/Text Listing Agent 424.259.3830 *** Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.

Detailed Items

Other Information

2204 Carnegie Lane, Redondo Beach, CA, 90278 is a (none specified) listing of 2,904 sqft on a lot of 0.17. This (none specified) listing has 8 bedrooms, and 4 baths. The map for this location can be viewed on Google maps at Google maps to property2204 Carnegie Lane, Redondo Beach, CA
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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