2513 Carnegie Lane

Redondo Beach, CA 90278
$2,350,000
0.17 acres | #SB24225852
Courtesy of Buckingham Investments, Inc

Description

Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

  • Property Details
      • Stories:2
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1723
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1962
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$2, 350, 000
      • MLS #:SB24225852
      • Cost:2350000
      • Property subtype:Apartment
      • MLS #:SB24225852

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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