2513 Carnegie Ln - Multi-Family FOR SALE


Redondo Beach, CA 90278- North Redondo Beach
$2,350,000 USD
310-982-7055
2513 Carnegie Ln, Redondo Beach, CA for Sale
$2,350,000 USD
Multi-Family - FOR SALE
1/9
null | 3.17% Cap Rate

2513 Carnegie Ln
Redondo Beach, CA 90278
North Redondo Beach


HIGHLIGHTS

  • Close proximity to 91 and 405 freeways
  • Down the street from South Bay Galleria
  • 3 miles from the beach, 5 miles from LAX

OVERVIEW

Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$541 USD /SF

# OF UNITS

3

PRICE/UNIT

$783,333

CAP RATE

3.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,502 SF

ZONING

RBR-3

APN/PARCEL ID

4157-008-017

ASK ABOUT THIS PROPERTY

Malcolm ZegerBuckingham InvestmentsMore Info
310-982-7055

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Malcolm ZegerBuckingham InvestmentsMore Info
310-982-7055

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