716 W Redondo Beach BLVD Active Save Request In-Person Tour Request Virtual Tour
Gardena,CA 90247
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25033071
Year Built 1954
Lot Size 6,891 Sqft
Property Sub-Type Quadruplex
Property Description
716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property's potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU's (buyer to verify).
716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows.
The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities' top employers: the Memorial Hospital of Gardena and the Hustler Casino.
Location
State CA
County Los Angeles
Area 116 - North Gateway
Zoning LAR3
Interior
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard