2701 Curtis Avenue Redondo Beach, CA 90278
Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7, 504 SF lot, this property offers a total of 5, 090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $349, 375 per unit, the property boasts a strong income with a 4.36% CAP rate and a 14.80 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.82%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID NumberSB24174441
- Home Size Source N/A
- Year Built1964
- Lot Size0.1723 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.1723
- Water Public
- Property Sub Type Apartment
- Garage Spaces 8
- Zoning RBR-3
- Listing Conditions Standard
Interior Features
- Laundry Features Individual Room
Exterior Features
- Pool Features None
- Lot 0-1 Unit/ Acre
Community Features
- Community Features Curbs
- Senior Community No
- MLS Area 151 - N Redondo Bch/Villas North