Welcome or Register
Back to Saved Search
Listing 20 out of 117
$2,240,000 Pending

229 Avenue H
Redondo Beach, CA 90277

4 units | Multi Family Home
6033 sq ft - MLS# SB19070953
Property Photo
1/7

Description

Rare Four Unit investment property in South Redondo Beach area walking distance to Rivera Village and two blocks walking distance to the Esplanade. Ideal unit mix: 3 bedroom,1 3/4 bath with open beam ceilings. 2 bedroom, 1 bath with attic space, and two one bedroom, 1 bath units. Two, double car garages. Each unit has own water heater and each tenant pays own gas and electric. Common area laundry room. Second floor units have no shared walls and are very private. Excellent location. Buyer to cooperate with seller's 1031 exchange.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Zip Code: 90277
  • Year Built: 1955
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 4.00
  • Fireplace: Bath,Kitchen,Master Bedroom,Patio,Gas, Yes
  • Lot Size: 6033 sq ft
  • Zoning: RBR-3A
  • Area: 157 - S Redondo Bch W of PCH
  • Average 1 Bed Area: 627
  • Average 2 Bed Area: 762
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area: 1278
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3448.00
  • Building Area Units: Square Feet
  • Cap Rate: 2.00
  • Common Walls: 1 Common Wall
  • Community Features: Sidewalks, Street Lights
  • Country: US
  • Directions: From south, take PCH to Ave. H turn left, property is first parcel on right
  • Electric Expense: 445.34
  • Garage Spaces: 4.00
  • Gardener Expense: 960.00
  • Gross Income: 84720.00
  • Gross Multiplier: 26.00
  • Gross Operating Income: 82178.00
  • Gross Scheduled Income: 84720.00
  • Insurance Expense: 1848.00
  • Laundry Features: Common Area, Community, Dryer Included, Gas & Electric Dryer Hookup, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01057946
  • Listing Office License: 01057946
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 6032.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 2082.00
  • Net Operating Income: 47097.00
  • New Taxes Expense: 24640.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 35081.00
  • Operating Expense Percent: 41.00
  • Other Expense: 487.00
  • Other Expense Description: contract
  • Pest Control Expense: 2180.00
  • Property Attached YN: Yes
  • Room Type: Attic
  • Sewer: Public Sewer
  • Total Actual Rent: 7060.00
  • Total Expenses: 35081.00
  • Trash Expense: 805.00
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Water Sewer Expense: 1585.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Apex Commercial Real Estate, Arnold Ng

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you.

If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Dream Home Finder

For detailed information on buying a home or property, please complete the form below describing the type of home or property you are looking for. Someone will get back to you as quickly as possible with your results!










n/a

n/a








* fields are required
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu