NEWLY LISTED
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$1,650,000 USD
1920 Rockefeller Lane
Redondo Beach, California 90278
USA
Redondo Beach, California 90278
USA
Residential For Sale, Other Residential
Sale price per sqm: 0
Tax: 4,280 USD
Remarks:
Welcome 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. For 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 or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors 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. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property
Features:
- Year Built: 1949
- Property type: Industrial Building - Manufacturing
Location:
1920 Rockefeller Lane, Redondo Beach, California 90278, USA
Listed By CENTURY 21 Union Realty Co.
The Residential For Sale, Other Residential located at 1920 Rockefeller Lane, Redondo Beach, California 90278, USA is currently for sale. 1920 Rockefeller Lane, Redondo Beach, California 90278, USA is listed for $1,650,000 USD. If the property located at 1920 Rockefeller Lane, Redondo Beach, California 90278, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in Redondo Beach.