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201 Vista Del Mar

Redondo Beach, CA 90277
  • $4,790,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • ID#: 21-108685
Under Contract
UPDATED: 80 min ago
$4,790,000
  • 14
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,576
    SQFT
  • $728
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

On the market for the first time in decades, this seven-unit apartment is situated just one block from Torrance Beach and is adjacent to the heart of Hollywood Riviera known as Riviera Village. This property is located in what is considered the best location in Redondo Beach. Nestled next to the beautiful coves of Palos Verdes the property sits on a corner 8,027-Square Foot Lot and offers (7) 2-Bedroom/1-Bathroom Units and ample parking with (7) Single-Car Garages + (7) Tandem Spaces. Additionally, one unit will be delivered vacant. The property offers tremendous upside as well as a once in a lifetime opportunity to purchase a legacy asset by the water.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T09:42:27.93. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.vidaash.com/homes/123633620
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201 Vista Del Mar Redondo Beach, CA 90277

  • Price: $4,790,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 80 min ago
  • ID#: 21-108685
14
Beds
0
Baths
0
½ Baths
0.18
Acres
6,576
SQFT
$728
$/SQFT
1955
Built
Neighborhood:
Hollywood Riviera
County:
Los Angeles
Area:
Hollywood Riviera
Property Description
On the market for the first time in decades, this seven-unit apartment is situated just one block from Torrance Beach and is adjacent to the heart of Hollywood Riviera known as Riviera Village. This property is located in what is considered the best location in Redondo Beach. Nestled next to the beautiful coves of Palos Verdes the property sits on a corner 8,027-Square Foot Lot and offers (7) 2-Bedroom/1-Bathroom Units and ample parking with (7) Single-Car Garages + (7) Tandem Spaces. Additionally, one unit will be delivered vacant. The property offers tremendous upside as well as a once in a lifetime opportunity to purchase a legacy asset by the water.
Exterior Features

Direction Faces South Levels Two Lot Size Area 8027 Other Structures None Parking Garage TandemPrivate Garage Total Parking 14

Interior Features

Baths Total 7.00 Common Walls Attached Cooling None Equipment None Heating Wall Laundry Community Laundry Equipment Lease

Property Features

Assessed Total Value 460884 Gross Income 223800 Gross Operating Income 217086 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 135863.00 Number Of Buildings 1 Number Of Units 7 Owner Pays WaterGardener Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 81223 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Rbrmd

Listing provided courtesy of Gianluca Jacoli DRE#01938297 of Shield Cre, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T09:42:27.93. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Vida Ash Properties | Compass
11601 Wilshire Blvd
Los Angeles CA, 90025