1906 Marshallfield Ln - Apartments FOR SALE


Redondo Beach, CA 90278
$1,390,000 USD
310-593-9861
1906 Marshallfield Ln, Redondo Beach, CA for Sale
$1,390,000 USD
Apartments - FOR SALE
1/20
null | 4.15% Cap Rate

1906 Marshallfield Ln
Redondo Beach, CA 90278


HIGHLIGHTS

  • TWO HOUSES ON A LOT - DELIVERED 100% VACANT | OUTSTANDING OWNER-USER OPPORTUNITY
  • 3-BED/1-BATH HOUSE & 2-BED/1-BATH HOUSE | BOTH UNITS REMODELED & CONTAIN WASHER/DRYER HOOK-UPS
  • LARGE 7,507-SF LOT | DESIRABLE NORTH REDONDO LOCATION
  • NO LOCAL RENT CONTROL - DEFAULTS TO AB 1482 | CLOSE PROXIMITY TO HERMOSA BEACH PIER, PIER AVENUE, KING HARBOR & REDONDO BEACH PIER
  • TWO-CAR GARAGE | RESIDENTIAL ASSET - QUALIFIES FOR RESIDENTIAL FINANCING
  • STRONG NEIGHBORING EMPLOYMENT: NORTHRUP GRUMMAN, TESLA, MATTEL & AEROSPACE DEFENSE COMPANIES

OVERVIEW

VALUE-ADD OPPORTUNITY! PRICE REDUCED! Located just moments from the Hermosa Beach Pier, King Harbor, and Redondo Beach Pier, this exceptional property features two homes on a large 7,507-square-foot lot in the highly sought-after North Redondo neighborhood. The front 2-bedroom, 1-bathroom house and rear 3-bedroom, 1-bathroom house each come with washer/dryer hookups and offer a fantastic opportunity for both owner-users and investors. With no local rent control and qualifying for residential financing, this property can be delivered 100% vacant, making it ideal for immediate occupancy.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$1,169 USD /SF

# OF UNITS

2

PRICE/UNIT

$695,000

CAP RATE

4.15%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,720 SF

ZONING

RBR-2

APN/PARCEL ID

4159-004-008

ASK ABOUT THIS PROPERTY

Gianluca JacoliShield Commercial Real EstateMore Info
310-593-9861

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Gianluca JacoliShield Commercial Real EstateMore Info
310-593-9861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.