Property Details
About this Property
Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.
MLS Listing Information
MLS #
CRSB25084640
MLS Source
California Regional MLS
Days on Site
21
Interior Features
Appliances
Dishwasher, Hood Over Range, Other, Oven Range - Gas, Refrigerator, Dryer, Washer
Cooling
None
Heating
Wall Furnace
Exterior Features
Foundation
Slab
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Gate/Door Opener, Other, Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 726 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2204 Carnegie Ln is a Residential Income in Redondo Beach, CA 90278. This – square foot property sits on a 7,494 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,250,000 and was built in 1957. This address can also be written as 2204 Carnegie Ln, Redondo Beach, CA 90278.
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This listing information is up-to-date as of April 22, 2025. For the most current information, please contact Alex Smith
