2701 Curtis Avenue, Redondo Beach, CA 90278
  • MLS#: SB24174441 ( Multi-Family )
  • Street Address: 2701 Curtis Avenue
  • Viewed: 24
  • Price: $2,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 186
  • Additional Information
  • County: LOS ANGELES
  • City: Redondo Beach
  • Zipcode: 90278
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Brett Brett
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover this well maintained 8 unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2 bed/1 bath units and (6) 1 bed/1 bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought after area w/ long term appreciation potential.
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Features
Property Type
  1. Multi-Family
Views
  1. 24