- 6 BR
- 6 BA
- 3,500 SqFt.
- 6,023 Lot
- $3,399,888
- Active
- DOM: 77
We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.
* 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.
404 N Broadway, Redondo Beach, (MLS® #23327547)
Date | Details | Price | Change |
---|---|---|---|
Closed | $4,400,000 | – | |
Pending (from Active) | – | – | |
Price Reduced (from $4,750,000) | $4,570,000 | $180,000 (3.79%) | |
First Day Active | $4,750,000 | – |
Quick Summary of 404 N Broadway: This 13 Bedroom/13 Bathroom home in Redondo Beach is priced at $4,570,000 ($662/PSF) . The 6,902 sqft. residence was originally built in 1973 and was listed on October 30th, 2023 at $4,750,000, showing 92 Days on Market currently. Contact Dave Fratello today for more information or to go see 404 N Broadway.
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 8:56pm 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.