210 S Lucia Avenue, Redondo Beach, CA 90277

210 S Lucia Avenue, Redondo Beach, CA 90277

Redondo Beach, CA

Property Description

210 S Lucia Ave is a recently updated 4-unit in South Redondo Beach. The building was built in 1971 and consists of 5,013 SF of living space situated on a 7,827 SF lot. The property offers all townhomes style units consisting of (1) 3-bed/2.5-bath owner’s unit & (3) 2-bed/1.5-bath units. 210 S Lucia Ave features private patios & private balconies for each unit, an on-site laundry facility, and (3) 2-car garages. Given the ideal location and in-place income, this is an excellent opportunity for an owner-user or a yield-focused investor to acquire an asset in Prime Redondo Beach.

Property Features

  • Sale Price: 2,650,000
  • Area Size: 5013 SF
  • Year Built: 1971
  • Listing Date: July 7, 2021
  • Units: 4
  • Current GRM: 18.25
  • Current Cap Rate: 3.71%
  • Market GRM: 18.25
  • Market Cap Rate: 3.97%

Lyon Stahl Investment Real Estate

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