2217 Marshallfield Ln, Redondo Beach, CA 90278

2217 Marshallfield Ln, Redondo Beach, CA 90278

Redondo Beach, CA

Property Description

<strong>Property Highlights:
</strong>This unique triplex benefits from 3,424 sqft of livable space with well laid out units, ready to be brought to market. This deal has a value add component that I thought might interest you.

· Unit mix: 3-bedroom+1.75-bath, 3-bedroom+1.5-bath &amp; 2-bedroom+1.5-bath.
· All units are offered in original condition, at only $511 per SF.
· Front unit (3+1.75) is a 1,200SF (btv) house, with a great floor plan, large living space and a private 2-car garage.
· Middle unit (3+1.5) is townhouse style unit, with all bedrooms on the second floor. Large living space and in-unit washer &amp; dryer.
· Back unit (2+1.5) is a traditional layout with washer &amp; dryer located in a private garage.
· There are a total of 5 enclosed garage spaces and one bonus parking spot on site.

Property Features

  • Sale Price: $1,775,000
  • Area Size: 3,424 SF
  • Land Area: 7,484 SF
  • Year Built: 1964
  • Closing Date: 3/27/19
  • Units: 3
  • Current Cap Rate: 1.96%
  • Price Per Unit: $583,333
  • Market GRM: 15.35
  • Market Cap Rate: 4.71%
  • Current NOI: $31,537

Lyon Stahl Investment Real Estate

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