SOLD
$2,559,500
Date 02/27/2024

1714 Clark Lane
Redondo Beach, CA 90278

Fourplex
Residence
3,849
Sqft
0.1722
Lot Size
Listing Agent: Austin Zahn CalDRE: 01936451 - Lyon Stahl Investment Real Estate, Inc., 310-613-1251
Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units. This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package. Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!
SB23172337
Fourplex, 2 Story
Los Angeles
1969
0.1722 Acres
Public
2
Public Sewer
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Listing Agent: Austin Zahn CalDRE: 01936451 - Lyon Stahl Investment Real Estate, Inc., 310-613-1251
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