Rarely available Triplex with RBR-3 zoning. Fabulous investment opportunity in prime South Redondo Beach location. Perfectly positioned mid-block, the property has a large lot with 3 separate structures - all currently rented. On either side are newer, quality 2 on a lot townhomes. Use the property for rental income and build later (possibly rehab and upgrade to raise rents to current market value), use the front Craftsman style home as a primary residence that could potentially be added to, with a guest house behind...and a rear art studio, office or in-law apartment at the rear. Your own private compound! Or build townhomes or a dream home. Opportunities don't come around like this very often. Buyer to verify the highest and best use of the property, including checking with the city as to what would be allowed. See agent remarks for more information.
Off market
Zestimate®
$1,436,200
217 S Francisca Ave, Redondo Beach, CA 90277
4beds
2,296sqft
MultiFamily
Built in 1912
-- sqft lot
$1,436,200 Zestimate®
$626/sqft
$5,409 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
Cooling
- None
Features
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,296 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
Lot
- Size: 6,011 sqft
Details
- Parcel number: 7505020006
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: Redondo Beach
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Estimated market value
$1,436,200