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110 Paseo De La Concha

Redondo Beach, 90277

6 Bd
4 Ba
3,312 Sqft
8,672 Lot
$2,650,000 SOLD Price | Closed 5/22/23
Closed Status
10 Days on Market
Mar 14 First Day Active
$2,250,000 Start Price

Description

We are pleased to present for sale, 110 Paseo De La Concha, located just steps away from the beach. First time on the market in over 30 years, this value-add property is the quintessential pride of ownership for rentals, or an opportunity for an owner-user looking occupy a unit. The building features four units, two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath. The square footage of the improvements is +/- 3,612, and the building sits on a large +/- 8,672 square foot lot. Paseo De La Concha sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. While the physical address of the property is Redondo Beach, the property is in the City of Torrance. Tenants of 110 Paseo De La Concha get the benefit of the amenities that both cities offer. The property has been well-maintained, however, current ownership has owned Paseo De La Concha for over three decades and hasn't repositioned or renovated the property to suit the demand for luxury units. New ownership can also explore other income generating options such as vacation rentals or adding ADU units.

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Property Details for 110 Paseo De La Concha

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Adam Zunder
Listing Brokered By
Iconic Investments
Type
Residential Income
Year Built
1955
MLS Area
128 - Hollywood Riviera

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
10 DOM
First Date Active
March 14th, 2023
Closing Date
May 22nd, 2023
Sold Price
$2,650,000
Sold PPSF
$800
Orig. List Price
$2,250,000
MLS® #
23250817
APN
7511019002
Special
Standard

Home Interior Information

Bedrooms
6
Total Baths
4
Int. Sqft.
3,312
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Dishwasher, Disposal, Microwave

Exterior Information

Lot Size (sq. ft.)
8,672
Lot Size (acres)
0.20
Parking Spaces
4

Additional Information

Zoning
TORR-MD
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
128 - Hollywood Riviera
City/State
Redondo Beach
Zip Code
90277
County
Los Angeles
# of Units
4
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Listing/Price History

110 Paseo De La Concha, Redondo Beach, (MLS® #23250817)

Date Details Price Change
Closed $2,650,000
Pending (from Active)
First Day Active $2,250,000
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Listing Summary

Quick Summary of 110 Paseo De La Concha: This 6 Bedroom/4 Bathroom home in Redondo Beach is priced at $2,250,000 ($679/PSF) . The 3,312 sqft. residence was originally built in 1955 and was listed on March 14th, 2023 at $2,250,000, showing 10 Days on Market currently. Contact Dave Fratello today for more information or to go see 110 Paseo De La Concha.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 26th, 2024 at 2:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.