Condominium buy in Redondo Beach California

Price Reduced! | Highly Desirable South Redondo Beach Location | Less Than 1 Mile from the Pacific Ocean, King Harbor & Redondo Beach Pier | Great Unit Mix of (One) 3-Bed/2-Bath Unit, (Two) 2-Bed/2-Bath Units & (One) 1-Bed/1-Bath Unit | No Local Rent Control Defaults to AB 1482 | 4,170 Square Feet of Living Space on 5,416 Square Foot Lot | Some Units Remodeled & Total of 5 Garage Spaces | Approximately 12% in Rental Upside - 3.64% Pro-Forma CAP Rate & 18.52 Pro-Forma GRM | 3.07% Current CAP Rate & 20.79 Current GRM | Minimal Utility and Common Area Expenses | Qualifies for Residential Financing | Perfect Owner User Opportunity MLS® ID: 22201615 Listed: 9/19/22 Updated: 10/25/22 Interior Features Total Bedrooms: 8 Total Bathrooms: 7 Exterior/Building Features Lot Size: 5,416 ft2 lot Other Property Details Area Name: 155 - S Redondo Bch N of Torrance Bl Garage: Yes Garage Spaces: 5 Parking: Garage Parking Total: 5.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: RBRMD Property History Date Event Price Value 10/24/22 Active Under Contract - - 10/10/22 Price Change $2,450,000 -1% Courtesy of Shield CRE, Inc., Gianluca Jacoli, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/25/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.