1714 Clark Ln, Redondo Beach, CA 90278

1714 Clark Ln, Redondo Beach, CA 90278

Redondo Beach, CA

Property Description

Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units. This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package. Step into immediate cash flow with an impressive 4.86% in-place Cap Rate and 14.52 in-place GRM!

Property Features

  • Sale Price: $2,650,000
  • Area Size: 3,849 Sq. Ft.
  • Land Area: 7,503 Sq. Ft.
  • Year Built: 1969
  • Listing Date: 9/16/2023
  • Units: 4

Lyon Stahl Investment Real Estate

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