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$ 3,875,000
Est. payment | /mo
4,250 SqFt
$ 3,875,000
Est. payment | /mo
4,250 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $911
MLS Listing ID CRSB25027922
HOA Y/N No
Year Built 1952
Lot Size 7,509 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
Welcome to 2420 Grant Avenue, a beautifully remodeled 5-unit multi-family property in the heart of Redondo Beach, offering a perfect blend of modern luxury and coastal charm. This exceptional investment opportunity features two 3-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, all designed for maximum comfort and rental appeal. With a gross operating income of $231,108, this property presents a strong return in a thriving rental market. Each unit has been thoughtfully upgraded with individually controlled air conditioning, in-unit washer and dryer, and modern dishwashers, ensuring a seamless living experience for tenants. The open floorplans create a bright and airy ambiance, maximizing both space and natural light. Outdoor areas are designed for privacy and enjoyment, with a private front yard for the 2-bedroom unit, private backyards for the 3-bedroom units, and a shared courtyard for the upstairs units, providing inviting spaces for relaxation and entertaining. Located in a highly desirable coastal community, this property is just moments from stunning beaches, top-rated schools, and a vibrant local scene, making it a prime choice for renters seeking the best of Southern California living. With its beach-inspired exterior, high-end finishes,
Location
State CA
County Los Angeles
Zoning RBR-
Interior
Fireplace No
Appliance Dryer
Laundry Dryer, Laundry Closet, Washer, Other, Inside
Building
Lot Description Level, Other, Back Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4157018002
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Listed by Devin Jensen • Jensen Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "