218 Ruby Street, Redondo Beach, California 90277

Property Status: Active

$1,595,000
1,800 Sqft
Property Description
218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. The existing structure is two 2 bedroom, 1 bath units – one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this prime location. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.
Listed by Kyle Daniels - DRE #01922362 - Vista Sotheby’s International Realty
Features
1,800 Sqft
0
5359
16
: 6.00
SDANIKYL
: Level With Street, Level, Corner Lot
: Sewer Connected, Water Connected, Electricity Connected
: Public
2
: Outside
0
: Public Sewer
0
0
: Sidewalks, Street Lights, Suburban, Curbs
: Driveway
: Wood
: Fixer
0
: No Common Walls
Address Map
1,800 Sqft
0
5359
16
Ruby
218
Street
3748
0
W119° 36' 47.1''
N33° 50' 5.4''
MLS Addon
1,800 Sqft
0
5359
16
Vista Sotheby’s International Realty
5,359 Sqft
Daniels
RBR-3A
S5543
Kyle
PCH to Ruby. Corner of Ruby and Broadway
7508010012
$8,191
0
: Standard
Two
157 - S Redondo Bch W of PCH
01922362