218 Broadway, Redondo Beach, CA 90277
Active
$1,495,000
2 Units
2 Beds
2 Baths
1,238 Area(sq.ft.)
Lot: 3,720 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,200 | $ 26,400 | $ 36,000 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,275 | $ 15,300 | $ 24,000 |
| 2 | 2 | 2 | $ 3,475 | $ 41,700 | $ 60,000 |
| MLS #: | SB25042153MR |
| Days On Market: | 55 |
| Listing Date: | February 25, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,208 |
| Price per unit: | $ 747,500 |
| Year Built: | 1911 |
Property Details
1 of a kind, rare Cape Cod beach duplex with a large grassed front yard. Pride of ownership! Seller has owned this property for over 30+ years. This property has been renovated through the years, but still has the old vintage cottage feel & elegance. Property features a large grassed front yard with mature vegetation and a large usable outside deck! This is one of the most desired streets in South Redondo Beach just 2 blocks to the beach. This street has many mature trees that line the street and many historical vintage original Beach Cottages. Full size washer & dryer on property. Walking distance to beach, shopping, restaurants and the Historic Redondo Beach Pier. Redondo Beach Pier has many restaurants & a great night life which includes summer concerts. Award winning RB schools. Zoned R3A and city planning dept. has confirmed that an ADU up to 1200sf can be built on the existing property as long as existing structure is not changed. This ADU structure would have the state code option of having either 800sf with 1 bedroom or 1000sf with 2 bedrooms or 1200 sf with 3 bedrooms. Per city planning dept. no additional parking would be required for ADU, but can add up to a 4 car garage. Buyer to verify all information with Redondo Beach City Planning Dept. Do not disturb, tenants occupied. All showings by appointment only with 24 hour notice. Call listing agent for all showings & any questions.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 41,700 |
Structure
| Community Features: | Gutters |
| Style: | Cape Cod |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | RBR-3A |
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Microwave, Oven-Gas, Range |
| Equipment: | Community, Microwave |
| Heating: | Natural Gas |
| Laundry: | Community |
Exterior
| Pool: | No |
| Roof: | Asphalt |
Detailed Map
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Income
