906 Torrance Boulevard Redondo Beach, CA 90277
This 26 Unit Property presents an opportunity to add value to a very desirable asset in a Premium location. The 906 Redondo Apts. is located in one of Southern California's most sought-after areas, Redondo Beach. It's about a mile from Redondo Pier/Fisherman's Wharf, and the Pacific Ocean. This is a mecca for weekend tourists with over 50 options for dining, shopping, and water activities. The charming Flatiron style building built in the 60's, sits on a robust commercial corner, but offers the tenants parking access off a quiet cul-de-sac. The unit mix is ideal with (2) 3 BR's; (7) 2BR's and (17) 1BR's. There are 24 covered parking spaces plus (3) garages. The front entrance features a lush garden with a tropical theme and a stairwell to the secure gate. That entry leads to an open courtyard with a heated pool, and lounge area for tenants. The property has been professionally managed for years and offers immediate and attainable upside of 27%. The city of Redondo Beach is subject only to state rent control (AB1482) and rents can be raised annually by 5% plus CPI.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusPending
- MLS ID Number24437465
- Home Size Source N/A
- Year Built1962
- Lot Size0.4681 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 906 Torrance Boulevard Redondo Beach, CA 90277
3 weeks ago | |
3 weeks ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Mid Century Modern
- Parking AssignedGarage
- Parking Spaces 27
- Number of Stories 21
- Acreage 0.4681
- Security Resident ManagerGated Community
- Garage Spaces 3
- Zoning RBC-2
- Listing Conditions Standard
- Direction Faces North
Interior Features
- Cooling None
- Heating Natural Gas
- Appliances DishwasherDisposal
- Interior Ceiling Fan(s)
Community Features
- Senior Community No
- MLS Area 156 - S Redondo Bch S of Torrance Bl
- Security Features Resident ManagerGated Community