2513 Carnegie Lane, Redondo Beach, CA 90278
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Listed Price :
$2,295,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1962
Property Description
$50,000 price reduction! Tree in front yard has been removed for improved curb appeal. Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 18.57 and a market cap rate of 3.7%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
2513 Carnegie Lane |
City |
Redondo Beach |
State |
CA |
Zip |
90278 |
County |
Los Angeles |
Listing Agent |
Malcolm Zeger DRE #02013882 |
Courtesy Of |
Buckingham Investments, Inc |
List Price |
$2,295,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
7,504 |
Year Built |
1962 |
Listing information courtesy of: Malcolm Zeger, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 8:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.