Listing provided courtesy of Gianluca Jacoli of Shield CRE, Inc.. Last updated 2024-05-17 08:11:21.000000. Listing information © 2023 CRMLS.
Asking Price: $2,400,000
2103 Carnegie, Redondo Beach CA 90278
Community: 152 - N Redondo Bch/Villas South
Status: Active
This property was built in 1963 and is priced at $2,400,000. Please see the additional details below.
Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.