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2203 Vanderbilt Ln, Redondo Beach, CA 90287

$1,275,000

Description

Lyon | Stahl is pleased to present 2203 Vanderbilt Lane in Redondo Beach. This 1973 construction duplex consists of one 4-Bedroom Owner’s Unit and one 2-Bedroom unit, for a total area of 3,316 livable sq. ft. The 4-Bedroom unit is owner occupied and will be delivered vacant at the close of escrow. Situated on a 4,996 SF lot, this property features two 2-car garages with four
additional driveway spaces and a brand new roof, replaced this year. This is a great opportunity for an owner-user or an investor to own prime real estate in an area with limited inventory, just a mile away from the massive proposed Southbay Galleria development.

Investment Highlights: 

● (1) 4-Bed/2-Bath & (1) 2-Bed/2-Bath Unit
● 4 Bedroom Unit is owner-occupied & will be delivered vacant
● 3,316 SF Building situated on a 5,000 SF Lot
● 1973 Construction | (2) 2-Car Garages
● First time on the market in over 20 years!

Address

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

Detail

Updated on October 11, 2018 at 8:15 pm

  • Price: $1,275,000
  • Property Size: 3,316 Sq ft
  • Land Area: 4,996 Sq ft
  • Garage: 2
  • Garage Size: 4
  • Year Built: 1973
  • Property Type: Duplex, Multifamily
  • Property Status: Active
  • Numbers of Units: 2
  • NOI: $51,765.90
  • GRM: 16.87
  • CAP RATE: 4.06%
  • Price per Unit: $637,500

Contact info

Johnnie Stiegler
Johnnie Stiegler
(310) 990-9685(310) 447-2213
Charlie Rasmussen
Charlie Rasmussen
(562) 241-0898(310) 404-9072
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