- N/A BR
- 0 BA
- N/A SqFt.
- 7,501 Lot
- $2,600,000
- Active Under Contract
Description
Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
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Property Details for 1714 Clark Lane
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Austin Zahn
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc., 310-613-1251
- Type
- Residential Income, Quadruplex
- Year Built
- 1969 (PublicRecords)
- MLS Area
- 154 - N Redondo Bch/Golden Hills
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 86 DOM
- Combined DOM*
- 86
- First Date Active
- September 15th, 2023
- Closing Date
- February 27th, 2024
- Sold Price
- $2,559,500
- Orig. List Price
- $2,800,000
- MLS® #
- SB23172337
- APN
- 4161010027
- Special
- Standard
Room Information
- Laundry
- Inside
Exterior Information
- Lot Description
- Rectangular Lot
- Lot Size (sq. ft.)
- 7,503
- Lot Size (acres)
- 0.17
- Pool
- None
- Parking Spaces
- 6
- Garage Spaces
- 6
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- RBR-2
- Buyer's Brokerage Fee
- 2.000
* 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
- 154 - N Redondo Bch/Golden Hills
- City/State
- Redondo Beach
- Zip Code
- 90278
- County
- Los Angeles
- # of Units
- 4
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Listing/Price History
1714 Clark Lane, Redondo Beach, (MLS® #SB23172337)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $2,559,500 | – | |
| Pending | – | – | |
| Active Under Contract | – | – | |
| Price Reduced (from $2,750,000) | $2,650,000 | $100,000 (3.64%) | |
| Price Reduced | $2,750,000 | $50,000 (1.79%) | |
| Show More (3) | |||
| Active | – | – | |
| Pending (from Active) | – | – | |
| First Day Active | $2,800,000 | – | |
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Listing Summary
Quick Summary of 1714 Clark Lane: This home in Redondo Beach is priced at $2,650,000 . The Quadruplex residence was originally built in 1969 and was listed on September 15th, 2023 at $2,800,000, showing 86 Days on Market currently. Contact Dave Fratello today for more information or to go see 1714 Clark Lane.
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Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 6:30am 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.
