108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
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$ 3,950,000
Est. payment | /mo

8 Beds

7 Baths

4,352 SqFt


Save
$ 3,950,000
Est. payment | /mo
Save

8 Beds

7 Baths

4,352 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,352 sqft

Price per Sqft $907

MLS Listing ID 26103119

Bedrooms 8

Year Built 1906

Lot Size 7,608 Sqft

Property Sub-Type Multi-Family

Property Description

Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

Location

State CA

County Los Angeles

Area S. Redondo Beach South Of Pch

Rooms

Other Rooms None

Interior

Heating Combination

Cooling Ceiling Fan

Flooring Hardwood, Laminate

Equipment Ceiling Fan, Refrigerator, Range/Oven, Dishwasher, Microwave, Washer, Dryer

Laundry Laundry Area

Exterior

Parking Features Assigned, Garage Is Detached, Garage - 4+ Car

Garage Spaces 6.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Kape Property Management, Inc.

Nearby Locations

Preet Sandhu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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108 N Broadway

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