2018 Nelson Avenue, Redondo Beach, CA 90278

$1,875,000
List Price
$1,875,000
Status
PENDING
MLS#
SB17055341
Year Built
1965
Lot Size
7,499
Lot Location
Lot 6500-9999
Days on Market
72
Property Type
Multifamily
Stories
Two Level

Property Description

The subject property is a 4 unit apartment building in one of the best neighborhood's of North Redondo Beach. It is only 1.5 blocks to Manhattan Beach and walking distance to the many dining and shopping options of Artesia Blvd. 2018 Nelson Avenue offers an excellent unit mix of 1-3BR/1.5BA, 2-2BR/1.5BA (2 story townhouse style) and 1-2BR/1BA. The 2BR townhouses are in front and the 3BR is in the rear and has access to a rear yard. It is ideal for an owner/user and the seller currently occupies the 3BR. Improvements include a new roof, new windows, and copper plumbing. The unit interiors are "tired" and can use some TLC. There is tremendous upside for a new owner to renovate the interiors and raise rents closer to market. The property is all electric and individually metered. Additionally each unit has it's own water heater and washer/dryer hookups. PLEASE DO NOT WALK THE PROPERTY, DO NOT DISTURB TENANTS.

Additional Information

Tract Number
620522
Lot Description
Urban
Pool Description
None
Heat
Radiant
Garage Spaces Total
6
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Re/Max Commercial & Investment.

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.