Skip to Main Content
214 Broadway, Redondo Beach, CA 90277
Image Gallery
Property Photos
214 Broadway
  1. Image 0 of 33 For 214 Broadway
  2. Image 1 of 33 For 214 Broadway
  3. Image 2 of 33 For 214 Broadway
  4. Image 3 of 33 For 214 Broadway
  5. Image 4 of 33 For 214 Broadway
  6. Image 5 of 33 For 214 Broadway
  7. Image 6 of 33 For 214 Broadway
  8. Image 7 of 33 For 214 Broadway
  9. Image 8 of 33 For 214 Broadway
  10. Image 9 of 33 For 214 Broadway
  11. Image 10 of 33 For 214 Broadway
  12. Image 11 of 33 For 214 Broadway
  13. Image 12 of 33 For 214 Broadway
  14. Image 13 of 33 For 214 Broadway
  15. Image 14 of 33 For 214 Broadway
  16. Image 15 of 33 For 214 Broadway
  17. Image 16 of 33 For 214 Broadway
  18. Image 17 of 33 For 214 Broadway
  19. Image 18 of 33 For 214 Broadway
  20. Image 19 of 33 For 214 Broadway
  21. Image 20 of 33 For 214 Broadway
  22. Image 21 of 33 For 214 Broadway
  23. Image 22 of 33 For 214 Broadway
  24. Image 23 of 33 For 214 Broadway
  25. Image 24 of 33 For 214 Broadway
  26. Image 25 of 33 For 214 Broadway
  27. Image 26 of 33 For 214 Broadway
  28. Image 27 of 33 For 214 Broadway
  29. Image 28 of 33 For 214 Broadway
  30. Image 29 of 33 For 214 Broadway
  31. Image 30 of 33 For 214 Broadway
  32. Image 31 of 33 For 214 Broadway
  33. Image 32 of 33 For 214 Broadway
More Like This
  • MLS#: PV24197358 ( Commercial/Residential )
  • Street Address: 214 Broadway
  • Viewed: 2
  • Price: $3,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1921
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: LOS ANGELES
  • City: Redondo Beach
  • Zipcode: 90277
  • Provided by: Palm Realty Boutique
  • Contact: Keith Keith
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime South Redondo Beach Location just blocks from the Redondo Beach Pier and Harbor. This 7,534 sq ft property sits West of Pacific Coast Highway offering 4 1 bedroom 1 bathroom units in the front building and 2 1 bedroom 1 bathroom free standing cottages. There is tremendous upside potential with rent increases to market rents as well as potential for an ADU. The property also offers 4 single car garages. Owner has completed upgrades including a new roof installation which is in process. Current CAP rate of 3.4% with $157,740 Gross annual income. Huge upside with Pro forma income of $200,520 would bring the CAP rate to 4.7%. Great opportunity to own a prime location building with huge future upside.
Property Location and Similar Properties
All
Similar
Request More Information
  • All fields are required.
Print Flyer
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 3776.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 13
Electric Expense
  1. 394.00
Entry Location
  1. Front and side
Fuel Expense
  1. 570.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 1600.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Level with Street
Netoperatingincome
  1. 108901.00
Parcel Number
  1. 7505019020
Pool Features
  1. None
Postalcodeplus4
  1. 3307
Professionalmanagementexpense
  1. 7500.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 423675124:CRM
Taxblock
  1. 168
Totalactualrent
  1. 13145.00
Totalexpenses
  1. 13835.00
Trash Expense
  1. 2414.00
Water Sewer Expense
  1. 1357.00
Water Source
  1. Public
Year Built
  1. 1921
Year Built Source
  1. Assessor
Zoning
  1. RBR-3A