- N/A BR
- 0 BA
- N/A SqFt.
- 7,499 Lot
- $2,850,000
- Active
- DOM: 206
Description
Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.
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Property Details for 2701 Curtis Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Brett Lyon
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc.
- Type
- Residential Income, Apartment
- Year Built
- 1964 (PublicRecords)
- MLS Area
- 151 - N Redondo Bch/Villas North
Price and MLS Information
- Status
- Active | Listing History
- MLS Days on Mkt.
- 46 DOM
- Combined DOM*
- 46
- First Date Active
- August 22nd, 2024
- Current Price
- $2,750,000
- Orig. List Price
- $2,750,000
- MLS® #
- SB24174441
- APN
- 4153030006
- Special
- Standard
Room Information
- Laundry
- LaundryRoom
Exterior Information
- Lot Size (sq. ft.)
- 7,504
- Lot Size (acres)
- 0.17
- Pool
- None
- Parking Spaces
- 8
- Garage Spaces
- 8
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- RBR-3
- Co-Agent
- Duncan Backus
- Co-Agent Office
- Lyon Stahl Investment Real Est
* 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
- 151 - N Redondo Bch/Villas North
- City/State
- Redondo Beach
- Zip Code
- 90278
- County
- Los Angeles
- # of Units
- 8
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Listing/Price History
2701 Curtis Avenue, Redondo Beach, (MLS® #SB24174441)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $2,795,000) | $2,750,000 | $45,000 (1.61%) | |
| First Day Active | $2,750,000 | – |
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Listing Summary
Quick Summary of 2701 Curtis Avenue: This home in Redondo Beach is priced at $2,750,000 . The Apartment residence was originally built in 1964 and was listed on August 22nd, 2024 at $2,750,000, showing 46 Days on Market currently. Contact Dave Fratello today for more information or to go see 2701 Curtis Avenue.
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Based on information from California Regional Multiple Listing Service, Inc. as of October 7th, 2024 at 7:11pm 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.
