716 W Redondo Beach Boulevard new

Gardena,CA 90247

$ 995000

1 Bed

0 Bath

2872 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,872 sqft

Price per Sqft $346

MLS Listing ID CRPW25033071

Bedrooms 1

HOA Y/N No

Year Built 1954

Lot Size 6,893 Sqft

Acres 0.16

Property Sub-Type Quadruplex

Property Description

716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property’s potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU’s (buyer to verify). 716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows. The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities’ top employers: the Memorial Hospital of Gardena and the Hustler Casino.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Laundry Inside

Exterior

Total Parking Spaces 4

Building

Lot Description Other

New Construction No

Others

Tax ID 6120008017

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