2103 Carnegie Lane, Redondo Beach

$2,400,000

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12 Beds
8 Baths
5,202 Sqft
.17 Acre
4 Garages

Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.

Essential Information

MLS® #
24386597
Price
$2,400,000
Bedrooms
12
Bathrooms
8.00
Square Footage
5,202
Acres
0.17
Year Built
1963
Type
Residential Income
Status
Active Under Contract

Community Information

Address
2103 Carnegie Lane
City
Redondo Beach
County
Los Angeles
Zip Code
90278
Senior Community
N

Area

152 - N Redondo Bch/Villas South

Amenities

Parking Spaces
4
Parking
Garage
# of Garages
4
Garages
Garage

Interior

# of Stories
3
Stories
Multi/Split

Additional Information

Date Listed
May 1st, 2024
Days on Market
17
Zoning
RBR-3

Listing Details

Agent
Gianluca Jacoli
Office
Shield CRE, Inc.
Property History
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 11:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.