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1906 Marshallfield Ln
Redondo Beach, CA 90278 North Redondo Beach

$1,390,000 USD

Apartments For Sale • 1,189 SF

Property Details

Property Type Apartments
Total Building Size 1,189 SF
Lot Size 0.18 AC
Building Class C
Year Built 1961
Cap Rate 4.15 %
Zoning RBR-2

0 Transit Score

73 Walk Score

                
                    Highlights
                
                                TWO HOUSES ON A LOT - DELIVERED 100% VACANT | OUTSTANDING OWNER-USER OPPORTUNITY
                            
                                3-BED/1-BATH HOUSE & 2-BED/1-BATH HOUSE | BOTH UNITS REMODELED & CONTAIN WASHER/DRYER HOOK-UPS
                            
                                LARGE 7,507-SF LOT | DESIRABLE NORTH REDONDO LOCATION
                            
                                NO LOCAL RENT CONTROL - DEFAULTS TO AB 1482 | CLOSE PROXIMITY TO HERMOSA BEACH PIER, PIER AVENUE, KING HARBOR & REDONDO BEACH PIER
                            
                                TWO-CAR GARAGE | RESIDENTIAL ASSET - QUALIFIES FOR RESIDENTIAL FINANCING
                            
                                STRONG NEIGHBORING EMPLOYMENT: NORTHRUP GRUMMAN, TESLA, MATTEL & AEROSPACE DEFENSE COMPANIES

Financial Summary (Actual)

Net Operating Income: $57,735 USD (2023)

Cap Rate:	4.15 %
Total Expenses:	$23,745 USD

Amenities

Washer/Dryer Hookup

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	7.6 mi
Long Beach (Daugherty Field)	22 min	-	14.6 mi
Bob Hope	45 min	-	32.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	OneCarGarage
Included in Rent:	Yes

Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate

1906 Marshallfield Ln Redondo Beach, CA 90278 North Redondo Beach