1714 Clark Ln, Redondo Beach, CA 90278

1714 Clark Ln, Redondo Beach, CA 90278

Redondo Beach, CA
$ 2,559,500.00

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: $ 2,559,500.00
  • Area Size: 3,849 Sq. Ft.
  • Land Area: 7,503 Sq. Ft.
  • Year Built: 1969
  • Listing Date: 9/16/2023
  • Closing Date: 2/27/2024
  • Units: 4

Lyon Stahl Investment Real Estate

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