2420 Grant Avenue, Redondo Beach, CA 90278
  • MLS#: SB25027922 ( Commercial/Residential )
  • Street Address: 2420 Grant Avenue
  • Viewed: 5
  • Price: $3,875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 0
  • Days On Market: 79
  • Additional Information
  • County: LOS ANGELES
  • City: Redondo Beach
  • Zipcode: 90278
  • Provided by: Jensen Realty
  • Contact: Devin Devin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to 2420 Grant Avenue, a beautifully remodeled 5 unit multi family property in the heart of Redondo Beach, offering a perfect blend of modern luxury and coastal charm. This exceptional investment opportunity features two 3 bedroom, 2 bath units, two 2 bedroom, 1 bath units, and one 1 bedroom, 1 bath unit, all designed for maximum comfort and rental appeal. With a gross operating income of $231,108, this property presents a strong return in a thriving rental market. Each unit has been thoughtfully upgraded with individually controlled air conditioning, in unit washer and dryer, and modern dishwashers, ensuring a seamless living experience for tenants. The open floorplans create a bright and airy ambiance, maximizing both space and natural light. Outdoor areas are designed for privacy and enjoyment, with a private front yard for the 2 bedroom unit, private backyards for the 3 bedroom units, and a shared courtyard for the upstairs units, providing inviting spaces for relaxation and entertaining. Located in a highly desirable coastal community, this property is just moments from stunning beaches, top rated schools, and a vibrant local scene, making it a prime choice for renters seeking the best of Southern California living. With its beach inspired exterior, high end finishes, and ideal location, 2420 Grant Avenue stands out as an exceptional turnkey investment opportunity in one of Los Angeles Countys most sought after markets.
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Features
Building Area Total
  1. 4250.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 5.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Dryer Included
  2. Gas Dryer Hookup
  3. In Closet
  4. Inside
  5. Stackable
  6. Washer Hookup
  7. Washer Included
Lot Features
  1. Back Yard
  2. Lawn
  3. Level with Street
Netoperatingincome
  1. 168709.00
Parcel Number
  1. 4157018002
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 431750185:CRM
Taxblock
  1. 44
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1952
Year Built Source
  1. Assessor
Zoning
  1. RBR-3