2001 Curtis Ave, Redondo Beach, CA 90278

2001 Curtis Ave, Redondo Beach, CA 90278

Redondo Beach, CA
$1,675,000

Property Description

Incredible opportunity in prime North Redondo Beach. 2 freestanding homes in the coveted TRW Tract. Situated on a huge (7,499 sq ft) R2 CORNER lot, each home has their own address, fenced yards and separate utility meters. Perfect as an investment or to live in one and rent out the other. The 3 Bedroom 2 Bathroom (entrance on Curtis Avenue) has a 2-car garage and an extra-long driveway. The 2 Bedroom 1 Bathroom (entrance on Green Lane) has a carport with storage shed. This centrally located Redondo Beach neighborhood is just blocks from Manhattan Beach, upscale shopping, fantastic restaurants, wonderful parks and award-winning Redondo Schools. Under 4 miles to the I-405 and under 3 miles to the beach. Full of potential and opportunity to either renovate or rebuild. DRIVE BY ONLY – Please do not disturb tenants, thanks

Property Features

  • Sale Price: $1,675,000
  • Area Size: 2,009 SF
  • Year Built: 1962
  • Listing Date: September 2, 2021
  • Units: 2
  • Current GRM: 31.02
  • Current Cap Rate: 1.83%
  • Price Per Unit: $837,500
  • Market GRM: 21.47
  • Market Cap Rate: 3.22%

Lyon Stahl Investment Real Estate

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