Redondo Beach, CA 90278,1920 Rockefeller Lane
Redondo Beach, CA 90278,1920 Rockefeller Lane
Redondo Beach, CA 90278,1920 Rockefeller Lane
$1,375,000
Est. payment /mo
$1,549,000
11.2%
Est.Price: ?

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6 Beds
2,753 SqFt
SOLD DATE : 09/30/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,753 sqft

Price per Sqft $499

MLS Listing ID CRSB24132969

Sold Date 09/30/24

Bedrooms 6

HOA Y/N No

Year Built 1949

Lot Size 6,736 Sqft

Acres 0.15

Property Description

Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property

Location

State CA

County Los Angeles

Area Listing

Zoning RBR-

Interior

Fireplace No

Laundry Inside

Exterior

Exterior Feature Back Yard

Total Parking Spaces 7

Building

Lot Description Back Yard

New Construction No

Others

Tax ID 4156014002

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Bridge MLS
Listed by Keith Brabec • Century 21 Union Realty
Bought with MelissaPilon

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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