- N/A BR
- 0 BA
- N/A SqFt.
- 7,474 Lot
- DOM: 3
We're pleased to present to market the trophy asset located at 173 Paseo De La Concha in Redondo Beach, California. This 1953 construction fourplex boasts a stunning location just steps from the beach in an affluent neighborhood at the base of the Palos Verdes Peninsula. With 21 percent upside in current rents and the potential to develop two ADU’s (buyer to verify), this is an excellent opportunity to acquire prime investment real estate in a strong coastal market.
The property is on a 8,400-square foot lot and consists of a two-story building that contains two one-bed/one-bath and two two-bed/one-bath units, in-unit laundry, a shared backyard, and a rear building with two two-car garages.
173 Paseo De La Concha is located in a sought-after residential area just 500 feet from Torrance County Beach and the start of the Redondo Beach Strand. Additionally, the property is a short half-mile from shopping and dining and Riviera Village.
* 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.
173 Paseo De La Concha, Redondo Beach, CA (MLS® #PW22207398)
|Pending (from Active)||–||–|
|Price Reduced (from $3,095,000)||$2,870,000||$225,000 (7.27%)|
|First Day Active||$3,095,000||–|
Quick Summary of 173 Paseo De La Concha: This home in Redondo Beach is priced at $2,870,000 . The residence was originally built in 1953 and was listed on September 22nd, 2022 at $3,095,000, showing 67 Days on Market currently. Contact Dave Fratello today for more information or to go see 173 Paseo De La Concha.
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2023 at 3:30am 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.