1920 ROCKEFELLER LN REDONDO BEACH, CA 90278

Features

• Price/sqft: $599
• Lot Size: 6747 sq. ft.
• Total Units: 3
• Total Rooms: 8
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3
• Heating: 6
• Construction Type: Wood

Facts

• Year Built: 01/01/1949
• Property ID: 894690380
• MLS Number: SB24132969
• Parcel Number: 4156-014-002
• Property Type: Townhouse or Condo
• County: LOS ANGELES
• Legal Description: REDONDO VILLA TRACT W 45 FT OF LOT/SEC 2 BLK/DIV/TWN 32
• Zoning: RBR-3
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Great location, and owned by the same family for years. Drive by and take a look there are so many possibilities. For an investor maybe you can make the garages an ADU and have 4 units. Rents are low but the tenants are long term and do not complain. For an owner occupied buyer the back unit has a nice yard. For the contractor the location is fantastic. tear this down and build some big units to get big rents. Property is professionally managed and that cost is in the expenses and expenses are still very low. nnnProperty DescriptionnWelcome 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. Drive by and take a look; you'll see the potential is endless.nnFor 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.nnOwner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities.nnContractors 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.nnThe property is professionally managed, with management costs already included in the expenses, which remain impressively low.nnDon't miss out on this versatile and promising property