704 N Paulina Ave, Redondo Beach, CA 90277

704 N Paulina Ave, Redondo Beach, CA 90277

Redondo Beach, CA

Property Description

Lyon Stahl is pleased to present 704 North Paulina Ave, a 4-unit building well located in desirable South Redondo Beach. The building consists of 4,738 SF of living space situated on a 7,549 SF lot. It has an ideal unit mix – (1) 4 -Bed/2-Bath, and (3) 2-Bed/2 -Bath units, and the front house allows for an owner -user opportunity. 704 N Paulina Ave is also in a great location – in close proximity to King Harbor Marina and Local Retail & Restaurants. Given the desirable location and turnkey property condition, this is an excellent opportunity for an owner-user or investor seeking growth, stability, and a hedge against inflation.

Property Features

  • Sale Price: $2,650,000
  • Area Size: 4, 738 SF
  • Land Area: 7,549 SF
  • Year Built: 1963
  • Listing Date: November 1, 2021
  • Units: 4
  • Current GRM: 22.94
  • Current Cap Rate: 2.48%
  • Market GRM: 15.13
  • Market Cap Rate: 4.67%

Lyon Stahl Investment Real Estate

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