205 S Lucia Avenue, Redondo Beach, CA 90277

$1,600,000
Sold Price
$1,600,000
List Price
$1,400,000
Closing Date
May 15, 2017
Status
CLOSED
MLS#
SB17053912
Year Built
1924
Lot Size
6,104
Lot Location
Landscaped
Days on Market
61
Property Type
Multifamily
Stories
Two Level

Property Description

This amazingly versatile multi-unit property in beautiful South Redondo Beach is an opportunity for both owner-users and investors! Live in one unit and rent out the other two, or rent out all three! Rents are well under market, so investors looking for upside potential will love the opportunity to remodel to increase their cash flow! Or build 2 units on this R-3 lot! The choice is yours! The separate front house has 3 bedrooms, 1.75 baths, its own front yard and patio and separate garage parking for 2 cars. The rear structure has a 2 bedroom, 1.75 bath apartment above the garage, a *bonus* studio downstairs with its own backyard and its own 2 car garage as well. The front house has all its own meters, while the back two units share utilities. Parking totals 4 garage spaces, enough room for at least 2 cars in front of garages, and a long driveway as well. Centrally located - only one block away from Parras Middle School to the north - shops, restaurants and public transportation on Torrance Blvd, and only minutes away from the Redondo Pier, waterfront and South Bay beaches. Great award-winning schools - Alta Vista Elementary, Parras Middle School and Redondo Union High School.

Additional Information

Tract Number
621301
Lot Description
Sidewalks
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Heater
Cooling Description
None
View
None
Garage Spaces Total
4
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Keller Williams Beach Cities. Selling Office: .

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.