Sold
Closed
1714 Clark Lane
Redondo Beach CA, 90278
$2,559,500
$664.98 per sqft
Sold
Closed
3,849 sqft
Multi-family
Built in 1969
Listed by Austin Zahn with Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
SB23172337
MLSⓇ ID
October 5, 2023
Listed
July 14, 2024
Updated
Map
1714 Clark Lane
Redondo Beach CA, 90278
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
154 - N Redondo Bch/Golden Hills
Days on Market
86
Garage
Yes
Garage Spaces
6
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
RBR-2
Listing History
Date | Event | Price |
|---|---|---|
2/28/2024 | Sold | $2,559,500 |
2/23/2024 | Pending | — |
12/14/2023 | Under Contract | — |
11/10/2023 | Price Change | $2,650,000 -4% |
10/26/2023 | Price Change | $2,750,000 -2% |
10/5/2023 | Active | — |
10/2/2023 | Pending | — |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. 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.
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Data last updated on 7/14/2024 at 7:19 AM UTC