Redondo Beach, CA 90278 2103 Carnegie Lane

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Presented By: Gianluca Jacoli with Shield CRE, Inc.;
  • MLS# 24386597
  • 05/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 12
  • BathBaths • 8
  • FootageSQFT • 5,202
  • GarageGarage • 4

Home Details

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.
Presented By: Gianluca Jacoli with Shield CRE, Inc.;

Interior Features for 2103 Carnegie Lane

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixLane
Total Stories3

General for 2103 Carnegie Lane

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.91
Carport Y/NNo
CityRedondo Beach
CountyLos Angeles
Days on Market16
DirectionsSouth of Artesia Boulevard, West of Rindge Lane, East of Blossom Lane, North of Rockefeller Lane
Garage Spaces4.0
Garage Y/NYes
Gross Income187944.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7506.0
MLS Area152 - N Redondo Bch/Villas South
MobileHomeRemainsYNNo
Net Operating Income141803.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NameCarnegie
Total Units4
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1963
Year Built SourceOther
ZoningRBR-3

Exterior for 2103 Carnegie Lane

Building Area Total5202.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1723
Lot Size Area7506.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Open Parking Y/NNo
Parking FeaturesGarage
SpaNo
Total Parking4.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,400,000
MLS#24386597
List Date 05/01/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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