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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $374
MLS Listing ID 24429959
Sold Date 10/24/24
Bedrooms 9
HOA Y/N No
Year Built 1963
Lot Size 5,336 Sqft
Property Description
Prime investment opportunity in Northern Torrance, ideal for savvy investors or owner-users. Located at 3636 Redondo Beach Blvd, this quadplex features a well-balanced unit mix with (3) three 2+2 units and (1) one 3+2 unit. One of the 2-bedroom units is currently vacant, providing immediate leasing or occupancy potential. Among other upgrades, the entire roof has been recently replaced with a highly reflective Polyfresko system, enhancing the property's durability and energy efficiency. Situated on a 5,335 SF lot, the property is conveniently located directly across from Alondra Community Park, offering access to a golf course, skate park, swimming pool, basketball courts, baseball fields, and more. With recent upgrades, one vacant unit, below-market rents in the occupied units, and potential for garage/ADU conversion, this property presents an excellent opportunity for investors to unlock significant rental income growth.
Location
State CA
County Los Angeles
Area 132 - N Torrance - West
Zoning TORR-MH
Interior
Fireplace No
Appliance Dishwasher, Microwave, Oven, Refrigerator, Dryer, Washer
Laundry Outside
Exterior
Garage Private, One Space, On Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N Yes
View Golf Course
Roof Type Other
Parking Type Private, One Space, On Street
Attached Garage Yes
Total Parking Spaces 5
Private Pool No
Building
Faces West
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4087001028
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Timothy McClone • eXp Realty of California Inc