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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

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    $3,156/mo

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    $3,156/mo

    Rent Zestimate®

    Refinance and save

    $16,016/mo

    Est. payment

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    $16,016/mo

    Est. payment

    What's special

    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!

    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#: SB23172337MLS LogoOriginating 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