Sold

173 Paseo De La Concha

Redondo Beach CA, 90277

$2,500,000


$829.46 per sqft

Sold

3,014 sqft

Residential

Built in 1953

Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker 562-436-5800

We're pleased to present to market the trophy asset located at 173 Paseo De La Concha in Redondo Beach, California. This 1953 construction fourplex boasts a stunning location just steps from the beach in an affluent neighborhood at the base of the Palos Verdes Peninsula. With 21 percent upside in current rents and the potential to develop two ADU's (buyer to verify), this is an excellent opportunity to acquire prime investment real estate in a strong coastal market.

The property is on a 8,400-square foot lot and consists of a two-story building that contains two one-bed/one-bath and two two-bed/one-bath units, in-unit laundry, a shared backyard, and a rear building with two two-car garages.

173 Paseo De La Concha is located in a sought-after residential area just 500 feet from Torrance County Beach and the start of the Redondo Beach Strand. Additionally, the property is a short half-mile from shopping and dining and Riviera Village.

PW22207398

MLS ID

September 22, 2022

Listed

March 23, 2024

Updated

Map

173 Paseo De La Concha
Redondo Beach CA, 90277

Interior Features

Laundry Description

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

128 - Hollywood Riviera


Days on Market

67


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

TORR-MD


Buyer Agency Compensation

2%

Listing Contact: 562-436-5800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:35 AM UTC

 

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