Redondo Beach, CA 90277 424 S Broadway
$1,999,000
26 more
Presented By: Jeanevra Calhoun with Beach City Brokers; 424-634-8238
Beds • 4
Baths • 4
SQFT • 1,008
Home Details
Two blocks from the beach, this 100 year old income producing property can be used in so many ways! Strictly rental income, owner occupied + income, or development opportunity! Property is designated on the historical gold list - Class C. City of Redondo Beach records show subject property is a single-family home, and zoned R3. Sellers disclose an additional 3 standalone units on property may be non-conforming. Additional units include two 1bdr 1bath units and one studio. All units have been partially updated. All tenants under one year lease agreements, except for front house moving 15th of May.
Presented By: Jeanevra Calhoun with Beach City Brokers; 424-634-8238
Interior Features for 424 S Broadway
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup, LaundryRoom
Total Stories1
Other Rooms
Entry Level1
General for 424 S Broadway
Additional Parcels Y/NNo
AppliancesDishwasher, Freezer, Disposal, GasRange, Refrigerator, Washer
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.03
Carport Y/NNo
CityRedondo Beach
Community FeaturesCurbs, StreetLights, Sidewalks, Park
CoolingNone
CountyLos Angeles
Current FinancingNone
Days on Market21
DirectionsPCH to Ruby, Right on Broadway
DisclosuresHistorical
Electric Expense0.0
Entry Locationstreet
ExclusionsNone
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income115808.0
HOA0.0
HOA / Comm AssnNo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense815.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsItem1031Exchange
Lot Size Square Feet6397.0
Lot Size UnitsSquareFeet
MLS Area157 - S Redondo Bch W of PCH
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income80645.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Open Parking Spaces2.0
Operating Expense35162.0
Other StructuresSheds, Storage
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot35
Taxes$22,388
Tenant PaysCableTV, Telephone
Total Actual Rent118200.0
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Water Sewer Expense0.0
Waterfront FeaturesAcrosstheRoadfromLakeOcean
Waterfront Y/NNo
Year Built1917
Year Built SourcePublicRecords
ZoningRBR-3A
Exterior for 424 S Broadway
Building Area Total1008.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsRefrigerators, Dishwashers, Furnaces & Ranges not warrantied or guaranteed
Irrigation Water Rights Y/NNo
Lot Dimensions40x160
Lot FeaturesBackYard, FrontYard, Lawn, NearPark, NearPublicTransit, SprinklerSystem
Lot Size Acres0.1469
Lot Size Area6397.0
Lot Size SourceAssessor
LotDimensionsSourcePublicRecords
Number of Buildings4
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, OnStreet
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480