2204 CArnegie Lane, Redondo Beach, CA 90278 - Berkshire Hathaway HomeServices California Properties
2204 Carnegie Lane Redondo Beach, CA 90278
$2,250,000 0 beds, 0 baths
0 sqft

Agent Remarks

Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SB25084640
List price is $2,250,000
Beds: 0
Baths: 0
None fireplaces
Built in 1957
1 story
0.17 acres
Lot size: 0.1720
County: Los Angeles
Zoning: RBR-3
Construction: Drywall,Stucco
Interior features: Ceiling Fan(s),Quartz Counters,Unfurnished,Bedroom on Main Level
Appliances: Dishwasher,Gas Range,Gas Water Heater,Refrigerator,Range Hood,Dryer,Washer
Parking description: Assigned,Concrete,Driveway,Garage Faces Front,Garage,Garage Door Opener
Lot description: Landscaped,Level,Rectangular Lot
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 152 - N Redondo Bch/Villas South

Last Updated: 4/22/2025

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This listing belongs to the 152 - N Redondo Bch/Villas South MLS area

Lat/Long: 33.870683, -118.372234.
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Listing Agent: Alex Smith
Lic#: 01234982
Office Name: Mission Viejo

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