Sold

1714 Clark Lane

Redondo Beach CA, 90278

$2,650,000


$688.49 per sqft

Sold

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

September 15, 2023

Listed

February 29, 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


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/28/2024

Sold

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 2/29/2024. 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 2/29/2024 at 6:58 PM UTC

 

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