418 N Gertruda Ave, Redondo Beach, CA 90277

418 N Gertruda Ave, Redondo Beach, CA 90277

Redondo Beach, CA
$1,250,000

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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