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1506 Phelan Ln, Redondo Beach, CA 90278

$860,000

Description

Lyon | Stahl is excited to present 1506 Phelan Lane, a duplex located in Redondo Beach. Built in 1955, this property has been well maintained and features (2) 2-bed/1-bath units with 1,560 SF of total living area. This property is perfect for an owner-user, or, with its huge upside in market rent potential, an ideal investment opportunity for somebody looking to expand their portfolio and acquire prime real estate in Redondo Beach.

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Address

  • Address: 1506 Phelan Ln
  • City: Redondo Beach
  • State/county: CA
  • Zip/Postal Code: 90278
  • Country: United States

Detail

Updated on October 24, 2018 at 9:10 pm

  • Property ID: SB18063179
  • Price: $860,000
  • Sell Date: 7/11/18
  • Property Size: 1560 Sq Ft
  • Land Area: 2700 Sq Ft
  • Year Built: 1955
  • Property Type: Duplex
  • Property Status: Sold
  • Numbers of Units: 2
  • GRM: 25.07
  • CAP RATE: 2.16%
  • Price per Unit: $462,500
  • Market GRM: 16.06
  • Market CAP RATE: 4.21%

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin

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