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    702 W Redondo Beach Boulevard

    Gardena, CA 90247
    • $3,500,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: WS21171710
    UPDATED: 18 min ago
    $3,500,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    CLEAN CLEAN 16 UNITS ON A HUGE CORNER LOT APPPROX 13,840 SQ FEET. ALL UNITS ARE 1 BEDROOM 1 BATHROOM UNITS APPROXIMATELY 550 SQ FEET EACH. 2 BUILDINGS CONTAIN 8 UNITS PER BUILDING AND ARE GARDEN STYLE WITH 2 LEVELS. NEW WINDOWS. NEW EXTERIOR PAINT. EACH TENANT PAYS OWN ELECTRIC & GAS. APARTMENT COMPLEX HAS GATES AND HAS A REMOTE GATE FOR INGRESS/EGRESS. A 100 GALLON WATER HEATER SUPPORT EACH BUILDING. EASY TO MANAGE AND HAS LOW MAINTENANCE GROUNDS. SEPARATE LAUNDRY ROOM WITH 2 COIN-OPERATED WASHERS & 2 DRYERS INCLUDING A STACKED WASHER & DRYER. LARGE STORAGE ROOM IN THE BACK AND 4 STORAGE CLOSETS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T12:30:45.567. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/120149300
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    702 W Redondo Beach Boulevard Gardena, CA 90247

    • Price: $3,500,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: WS21171710
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1959
    Built
    Neighborhood:
    116 - North Gateway
    County:
    Los Angeles
    Area:
    116 - North Gateway
    Property Description
    CLEAN CLEAN 16 UNITS ON A HUGE CORNER LOT APPPROX 13,840 SQ FEET. ALL UNITS ARE 1 BEDROOM 1 BATHROOM UNITS APPROXIMATELY 550 SQ FEET EACH. 2 BUILDINGS CONTAIN 8 UNITS PER BUILDING AND ARE GARDEN STYLE WITH 2 LEVELS. NEW WINDOWS. NEW EXTERIOR PAINT. EACH TENANT PAYS OWN ELECTRIC & GAS. APARTMENT COMPLEX HAS GATES AND HAS A REMOTE GATE FOR INGRESS/EGRESS. A 100 GALLON WATER HEATER SUPPORT EACH BUILDING. EASY TO MANAGE AND HAS LOW MAINTENANCE GROUNDS. SEPARATE LAUNDRY ROOM WITH 2 COIN-OPERATED WASHERS & 2 DRYERS INCLUDING A STACKED WASHER & DRYER. LARGE STORAGE ROOM IN THE BACK AND 4 STORAGE CLOSETS.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 17 Open Parking Spaces 16 Parking Features Assigned Parking Total 32 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 1597 Fuel Expense 0 Garage YN Yes Gross Income 180995 Gross Scheduled Income 179555 Insurance Expense 3506 Land Lease YN No Laundry Features Common AreaStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 9801 Net Operating Income 119455 New Construction YN No Number Of Separate Gas Meters 17 Number Of Separate Water Meters 1 Number Of Units Leased 16 Operating Expense 56509 Pest Control Expense 320 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 6082 Tenant Pays Cable TvElectricityGas Total Actual Rent 16145 Trash Expense 3387 Utilities Electricity AvailableNatural Gas AvailableWater Connected Vacancy Allowance Rate 2 Water Sewer Expense 6410 Water Source Public Zoning Lar3

    Listing provided courtesy of Gary Karasawa of Mark Iii Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T12:30:45.567. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505