2621 Huntington Lane, Redondo Beach, California 90278

Property Status: Active

$1,995,000
4,471 Sqft
Property Description
Significant Price reduction. The lowest price per sq. Ft. Units in all of Redondo Beach – only $446/sq.ft. Which means lots of rent upside. Four Unit building in El Nido area of North Redondo. Rents have not been raised in a long time and approximately 60% in rental upside. All units have 2 bathrooms. Two bedroom + 2 bath front house. In the back are two more 2 bedroom + 2 bath units, as well as a 3 bedroom + 2 bath owner’s unit. Four Garage Spaces. 14.46 GRM and 4.84% cap rate at Market Rents. Front house built in 1953. Back 3 units built in 1963.
Listed by Michael Millea - DRE #01368364 - Keller Williams Beach Cities
Features
4,471 Sqft
0
7504
40
: 4.00
SMILMIC
: Level With Street
: Public
0
: Public Sewer
0
: Sidewalks, Curbs
0
: No Common Walls
Address Map
4,471 Sqft
0
7504
40
Huntington
2621
Lane
4526
0
W119° 38' 15.1''
N33° 52' 5.9''
MLS Addon
4,471 Sqft
0
7504
40
Keller Williams Beach Cities
7,504 Sqft
Millea
RBR-2
S6403
Michael
Go East on Grant from Aviation Blvd. turn right on Felton and Left on Huntington Lane
4082005024
$0
0
: Standard
1.11
4
Two
153 - N Redondo Bch/El Nido
01368364