Redondo Beach, CA 90277,714 S Pacific Coast
Redondo Beach, CA 90277,714 S Pacific Coast
Redondo Beach, CA 90277,714 S Pacific Coast
$1,640,000
Est. payment /mo
$1,999,000
18.0%
Est.Price: ?

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6 Beds
4 Baths
8,547 Sqft Lot
SOLD DATE : 01/20/2023

Key Details

Sold Price $1,640,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22189758

Sold Date 01/20/23

Bedrooms 6

HOA Y/N No

Lot Size 8,547 Sqft

Property Description

This charming 4 plex is located just one block from the beach and just a couple blocks from Redondo's Riviera Village. There are (two), 2-bedrooms, 1 bath, and (two), 1-bedroom 1 bath units. Each unit has been completely upgraded to include all new widows, hardwood flooring, kitchen cabinets, appliances including refrigerators in each unit, and remodeled bathrooms and 3 year old roof. Each unit also comes with its own covered shared garage (carport) and the 2 bedrooms comes with an additional designated (2) parking spots (one covered garage and one uncovered space). The covered garages also have assigned storage for each unit. Three of the units are located downstairs with a 2-bedroom unit located upstairs. Very well-maintained and landscaped grounds with spacious front and side yard. This amazing renovated property is in outstanding condition and is located in one of the most prime locations that Redondo Beach has to offer. The Riviera Village is one of the loveliest shopping and nightlife destinations in Southern California, with numerous shops, boutiques, bars, restaurants, professional offices and a Trader Joe's grocery store. The Village features annual art and fitness festivals, special events, further enhancing the neighborhood' s general appeal. Strong CAP rate, Excellent cash flow and amazing investment opportunity.
This charming 4 plex is located just one block from the beach and just a couple blocks from Redondo's Riviera Village. There are (two), 2-bedrooms, 1 bath, and (two), 1-bedroom 1 bath units. Each unit has been completely upgraded to include all new widows, hardwood flooring, kitchen cabinets, appliances including refrigerators in each unit, and remodeled bathrooms and 3 year old roof. Each unit also comes with its own covered shared garage (carport) and the 2 bedrooms comes with an additional designated (2) parking spots (one covered garage and one uncovered space). The covered garages also have assigned storage for each unit. Three of the units are located downstairs with a 2-bedroom unit located upstairs. Very well-maintained and landscaped grounds with spacious front and side yard. This amazing renovated property is in outstanding condition and is located in one of the most prime locations that Redondo Beach has to offer. The Riviera Village is one of the loveliest shopping and nightlife destinations in Southern California, with numerous shops, boutiques, bars, restaurants, professional offices and a Trader Joe's grocery store. The Village features annual art and fitness festivals, special events, further enhancing the neighborhood' s general appeal. Strong CAP rate, Excellent cash flow and amazing investment opportunity.

Location

State CA

County Los Angeles

Area Redondo Beach (90277)

Zoning Assessor

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $2,200

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Justin Miller • First Team Real Estate
Bought with Mark Tawfik • eXp Realty of Greater Los Angeles, Inc.
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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