2701 Curtis AVE Redondo Beach, CA 90278

Active

$2,750,000

8 Units

10 Beds

8 Baths

5,090 Area(sq.ft.)

7,504 Lot Size(sq.ft.)

Type	# of Units	Bedroom	Bath	Furnished	Rent	Actual Rent	Projected Rent
Unit 1	1	2	1	No	$ 1,967	$ 1,967	$ 3,200
Unit 2	1	1	1	No	$ 1,845	$ 1,845	$ 2,200
Unit 3	1	1	1	No	$ 2,200	$ 2,200	$ 2,200
Unit 4	1	2	1	No	$ 2,100	$ 2,100	$ 3,200
Unit 5	1	1	1	No	$ 1,826	$ 1,826	$ 2,200
Unit 6	1	1	1	No	$ 1,773	$ 1,773	$ 2,200
Unit 7	1	1	1	No	$ 1,995	$ 1,995	$ 2,200
Unit 8	1	1	1	No	$ 1,995	$ 1,995	$ 2,200
8	8	10	8		$ 15,701	$ 15,701	$ 19,600

MLS #:	SB24174441MR
Days On Market:	139
County:	Los Angeles
Property Type:	Residential Income
Price per ft²:	$ 540
Price per unit:	$ 343,750
Year Built:	1964

Income Details / Structure / Land & Parking / Interior Features / Exterior Features

Property Details

Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.