418 N Gertruda Ave, Redondo Beach, CA 90277

418 N Gertruda Ave, Redondo Beach, CA 90277

Redondo Beach, CA

Property Description

This beach bungalow style duplex in South Redondo is perfect for an owner user or savvy investor! The property is located on a cul-de-sac with a very large 3 bed/2 bath house in the front and 2 bed/1 bath unit above the garages in the rear. The current annual income is approximately $53,000 with nearly 30% in rental upside. Both tenants are on month-to-month leases allowing the flexibility for an owner to move into one of the units, remodel and raise rents or develop 2 townhomes.

This property is located in an unbelievable location in close proximity to restaurants, shops, the beach, and world famous King Harbor!

Property Features

  • Sale Price: $1,250,000
  • Area Size: 2,079 Sq Ft
  • Land Area: 5,656 Sq Ft
  • Year Built: 1960
  • Listing Date: Aug 14, 2018
  • Closing Date: Sep 26, 2018
  • Units: 2

Lyon Stahl Investment Real Estate

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