Redondo Beach, CA 90278 2222 Harriman Lane 1
$2,450,000
9 more
Presented By: Scott Briscoe with Re/Max Estate Properties; [email protected]
Beds • 9
Full/Half Baths • 6 / 3
SQFT • 4,680
Garage • 6
Home Details
First time on the market in over 28 years! This is an excellent opportunity for a yield-focused investor to acquire a well-located 4-unit asset in North Redondo Beach. Large corner lot. The property boasts a spacious 3 Bed / 3 Bath owners’ unit, (1) 2 Bed / 3 Bath unit, (1) 2 Bed / 2 Bath unit, and (1) 2 Bed / 1 Bath unit. Constructed in 1971, the property consists of 4,680 SF of living space, situated on a 7,511 SF lot. All units are separately metered for electricity and gas. Ample parking with six garages. Significant rental upside on the three month-month tenant occupied units.
Rent roll / pro-forma in supplement. Expenses are not actual (estimated).
Do not disturb tenants.
Presented By: Scott Briscoe with Re/Max Estate Properties; [email protected]
Interior Features for 2222 Harriman Lane 1
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level2
General for 2222 Harriman Lane 1
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CityRedondo Beach
Community FeaturesCurbs, StreetLights, Sidewalks
CountyLos Angeles
Days on Market1
DirectionsHarriman & Ridge
Entry Location2
Garage Spaces6.0
Garage Y/NYes
Gross Income117238.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense3042.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7511.0
Lot Size UnitsSquareFeet
MLS Area152 - N Redondo Bch/Villas South
MobileHomeRemainsYNNo
Net Operating Income76820.0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense40418.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot1
Tenant PaysCableTV, Electricity, Gas, Telephone
TermsCash, CashtoNewLoan
Trash Expense2100.0
Unit Number1
View Y/NNo
Water Sewer Expense2100.0
Waterfront Y/NNo
Year Built1971
Year Built SourcePublicRecords
ZoningRBR-2
Exterior for 2222 Harriman Lane 1
Building Area Total4680.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1724
Lot Size Area7511.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Assigned
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480