Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
Sold for $2,559,500 on 02/27/24
Listing Provided by:
Austin Zahn DRE #01936451 310-613-1251,
Lyon Stahl Investment Real Estate, Inc.
Bought with: Compass
$2,559,500
1714 Clark Ln, Redondo Beach, CA 90278
11beds
8baths
3,849sqft
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$665/sqft
$3,156 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 28, 2024 at 09:05am
Listing Provided by:
Austin Zahn DRE #01936451 310-613-1251,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Nicholas Phillips, DRE #01742107
Compass
Source: CRMLS,MLS#: SB23172337
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,849
- Total interior livable area: 3,849 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 7,503 sqft
- Features: Rectangular Lot
Details
- Parcel number: 4161010027
- Zoning: RBR-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Redondo Beach
Other
Other facts
- Listing terms: Cash,Cash to New Loan