For more information regarding the value of a property, please contact us for a free consultation.
716 W Redondo Beach BLVD Gardena, CA 90247
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $765,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25113997
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
Read Less
Bought with Huyen Nguyen NONMEMBER MRML