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    2422 Carnegie Ln

    Redondo Beach, CA 90278
    • $2,100,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 21-780468
    UPDATED: 27 min ago
    $2,100,000
    • 9
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,834
      SQFT
    • $548
      $/SQFT
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    We are pleased to present an opportunity to acquire a 5 unit multifamily property located in Redondo Beach. For the first time on the market in over 40 years, this property presents a significant value add opportunity for a new owner. The interiors are completely original and there is some deferred maintenance on the property. This property is comprised of a single story home and four apartments over garages. There might be an opportunity to convert some of the garages into ADUs. Buyer to verify**. Please ask to see our inspection report detailing some of the deferred maintenance items. This is a contractor or value add buyers dream deal and wont last long! -Contractor or Value Add Buyers Dream, -First time on the market in over 40 years, -Possible ADU conversion while still keeping ample parking, -Over 35% upside in rents, -Located next to brand new construction

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T15:43:15.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/121264777
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    2422 Carnegie Ln Redondo Beach, CA 90278

    • Price: $2,100,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 21-780468
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,834
    SQFT
    $548
    $/SQFT
    1952
    Built
    Neighborhood:
    N. Redondo Beach/Villas South
    County:
    Los Angeles
    Area:
    N. Redondo Beach/Villas South
    Property Description
    We are pleased to present an opportunity to acquire a 5 unit multifamily property located in Redondo Beach. For the first time on the market in over 40 years, this property presents a significant value add opportunity for a new owner. The interiors are completely original and there is some deferred maintenance on the property. This property is comprised of a single story home and four apartments over garages. There might be an opportunity to convert some of the garages into ADUs. Buyer to verify**. Please ask to see our inspection report detailing some of the deferred maintenance items. This is a contractor or value add buyers dream deal and wont last long! -Contractor or Value Add Buyers Dream, -First time on the market in over 40 years, -Possible ADU conversion while still keeping ample parking, -Over 35% upside in rents, -Located next to brand new construction
    Exterior Features

    Lot Size Area 7429 Other Structures None Parking Garage Garage Total Parking 0

    Interior Features

    Baths Total 5.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 893310 Gross Income 600 Gross Operating Income 108561 Like Units1 1 Like Units2 3 Like Units3 1 Net Operating Income 63763.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 44798 Type Of Units Multi-Family Year Built Source Vendor Enhanced Zoning Rbr-3

    Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T15:43:15.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260