2519 Curtis Ave, Redondo Beach, CA 90278

2519 Curtis Ave, Redondo Beach, CA 90278

Redondo Beach, CA
$1,600,000

Property Description

1519 Curtis Ave is a triplex located in a great pocket of Redondo Beach. The property consists of (3) 2-Bed/1-Bath Units on a 50′ x 150′ SF Lot (Zoned R3). The front and back unit have their own fenced-in private yards. All units include washer/dryer hookups and have room for off-street parking. Given the ideal location and upside potential, 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: $1,600,000
  • Area Size: 1,900 SF
  • Land Area: 7,486 SF
  • Year Built: 1957
  • Listing Date: 1/26/2021
  • Closing Date: 5/18/2021
  • Units: 3
  • Current GRM: 17.16
  • Current Cap Rate: 3.99%
  • Price Per Unit: $500,000
  • Market GRM: 16.70
  • Market Cap Rate: 4.14%

Lyon Stahl Investment Real Estate

Keep In Touch