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.
Listing courtesy of Re/Max Commercial & Investment.
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