1104 Opal St | Redondo Beach, CA 90277
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- LoopNet Team
1104 Opal St
Redondo Beach, CA 90277
South Redondo Beach 4U Apartment Investment · Multifamily Property For Sale
·
4 Units
Investment Highlights
- RENTS ARE 25-40% BELOW MARKET WITH IMMEDIATE UPSIDE OF 7% IN RENTAL INCOME AS OWNER ONLY GAVE 3% INCREASES IN MARCH FOR MAY 1
- PARKING GARAGES ON SITE AS WELL AS LAUNDRY ROOM
- LARGE 3 BEDROOM 2 BATH TOWNHOME STYLE OWNER’S UNIT IN FRONT UPGRADED IN 2020
- ALL ELECTRIC BUILDING WITH SEPARATE METERS FOR TENANTS TO PAY FOR THEIR OWN UTILTIIES
- PITCHED ROOF, COPPER PLUMBING, ALL WINDOWS WERE REPLACED WITH MILGARD BRAND
Property Facts
| No. Units | 4 | Building Size | 4,610 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1965/2020 |
| Lot Size | 0.17 AC | Parking Ratio | 1.3/1,000 SF |
| Zoning | RMD | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.17 AC |
| Building Size | 4,610 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2020 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | RMD |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,700 | - |
| 2+2 | 3 | $1,885 | - |
Property Taxes
| Parcel Number | 7506-023-073 | Improvements Assessment | $577,320 |
| Land Assessment | $1,732,980 | Total Assessment | $2,310,300 |
Property Taxes
Parcel Number
7506-023-073
Land Assessment
$1,732,980
Improvements Assessment
$577,320
Total Assessment
$2,310,300
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