1920 Rockefeller Lane, Redondo Beach, CA 90278
-
Sold Price :
$1,375,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1949
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
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1920 Rockefeller Lane |
| City |
Redondo Beach |
| State |
CA |
| Zip |
90278 |
| County |
Los Angeles |
| Listing Agent |
Keith Brabec DRE #01206669 |
| Courtesy Of |
Century 21 Union Realty |
| Close Price |
$1,375,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Triplex |
| Structure Size |
N/A |
| Lot Size |
6,736 |
| Year Built |
1949 |
Listing information courtesy of: Keith Brabec, Century 21 Union Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 7:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
