716 W Redondo Beach BLD Active

Gardena,CA 90247

$ 995000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25033071

Year Built 1954

Lot Size 6,893 Sqft

Property Sub-Type Fourplex

Property Description

716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property's potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU's (buyer to verify). 716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows. The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities' top employers: the Memorial Hospital of Gardena and the Hustler Casino.

Location

State CA

County Los Angeles

Area 116 - North Gateway

Interior

Laundry Other

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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