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2012 Plant Ave, Redondo Beach, CA 90278

$1,250,000

Description

Lyon Stahl is excited to present 2012 Plant Ave in Redondo Beach! This North Redondo Beach duplex features 1,452 SF of living space on a 6,658 SF lot. Built in 1955, this property has been well-maintained and contains a landscaped yard and a large driveway with a 2-car garage. The front 2-bed/1- bath unit features a fenced in front yard area; the 2- bed/1-bath unit also included its own fenced in private yard.

This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Hitting the market for the first time 2008, 2012 Plant Ave is an excellent owner-user buy, allowing for an owner to live in one unit and enjoy the top of the market rental income from the other.

Investment Highlights:

• North Redondo Duplex Situated on a Large 6,658 SF Lot
• (2) 2-Bed/1-Bath Houses | 1,452 SF of Living Space
• Private Front & Rear Yards | Detached 2-Car Garage
• Two Blocks to Manhattan Beach – Short Distance to Redondo Beach Performing Arts Center, Polliwog Park, and South Bay Development Project

Property Downloads

Address

  • City: Redondo Beach
  • State/county: CA
  • Country: United States

Detail

Updated on January 7, 2020 at 1:11 am

  • Price: $1,250,000
  • Property Size: 1,452 Sq Ft
  • Land Area: 6,658 Sq Ft
  • Garage: 2
  • Year Built: 1955
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 2
  • GRM: 27.41
  • CAP RATE: 2.05%
  • Market GRM: 20.42
  • Market CAP RATE: 3.15%

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

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