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502 N Elena Ave
Redondo Beach, CA 90277
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- 6 of 7 units have been recently renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring & hardware
- Excellent unit mix of 3, 2 & 1 bedroom units
- Individual garages & select private patios
- 100% occupied. well-managed, & maintained
- New electrical panels
PROPERTY FACTS
| Price Per Unit | $621,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.20% | Building Size | 4,840 SF |
| Gross Rent Multiplier | 19.3 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RBR-3A | ||
| Price Per Unit | $621,429 |
| Sale Type | Investment |
| Cap Rate | 3.20% |
| Gross Rent Multiplier | 19.3 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2023 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | RBR-3A |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 708 |
| 2+1.5 | 1 | - | 850 |
| 3+2 | 1 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 7503-011-029 | Improvements Assessment | $635,844 |
| Land Assessment | $2,543,381 | Total Assessment | $3,179,225 |
PROPERTY TAXES
Parcel Number
7503-011-029
Land Assessment
$2,543,381
Improvements Assessment
$635,844
Total Assessment
$3,179,225
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