Redondo Beach, CA 90277 526 Avenue A

OPEN HOUSE Sat, May 18 2024 1:00 PM - 4:00 PM
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Presented By: Jessiqa Pace with Compass;
  • MLS# PV24076357
  • 04/17/2024
  • Request Tour
  • Request Info
  • BedBeds • 3
  • BathBaths • 1
  • FootageSQFT • 3,218
  • GarageGarage • 2

Home Details

Opportunity to own a multi-unit property in South Redondo Beach close to the Riviera Village shopping, restaurants and two blocks from the beach! This lot features two houses - a front house with two rented units consisting of a 3 bedroom / 2 bathroom home, with an attached studio with kitchenette and its own entrance - AND - a 3 bedroom / 2 bathroom back house with rooftop ocean views and plenty of parking. The front house offers timeless charm with its original hardwood floors, a spacious bay window, and a cozy fireplace. It has been well maintained with recent updates to the electrical and plumbing systems. The front house also enjoys a wide front porch and large covered back deck. The studio has new floors, a full bath, kitchenette and private entrance. The newer back house is a 3 bedroom / 2 bathroom home with new carpet, paint and its own yard. One of the many highlights of the back house is the rooftop deck with an unparalleled panoramic view of the Pacific Ocean, extending from Palos Verdes to Malibu. Both houses enjoy their own garden area for kids and pets! Practical amenities include a spacious two-car garage and four extra covered off-street parking spots, ensuring convenience for residents and guests alike. With the potential for rental income from both houses, this property is great for an investor or someone looking to live in one home and lease the other home. Don't miss out on this opportunity to own an investment property two blocks from the ocean!
Presented By: Jessiqa Pace with Compass;

Interior Features for 526 Avenue A

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom, PrimaryBedroom
Fireplace Y/NYes
FlooringCarpet, Laminate, Wood
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup, Inside, LaundryRoom
Total Stories3
Window FeaturesFrenchMullioned

Other Rooms

Entry Level2

General for 526 Avenue A

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.23
Carport Spaces2.0
Carport Y/NYes
CityRedondo Beach
Community FeaturesDogPark, StormDrains, StreetLights, Sidewalks
CoolingNone
CountyLos Angeles
Days on Market28
DirectionsCross Street: PCH and Avenue A
Electric Expense1020.0
Entry LocationFront
Exclusionstenant's personal belongings, fridges
Exterior FeaturesAwnings, Balcony
Fuel Expense960.0
Garage Spaces2.0
Garage Y/NYes
Gross Income43560.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2000.0
Interior FeaturesBuiltinFeatures, Balcony, CeilingFans, GalleyKitchen
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Contract, Submit
Lot Size Square Feet6084.0
MLS Area156 - S Redondo Bch S of Torrance Bl
MaintenanceExpense2000.0
MobileHomeRemainsYNNo
Net Operating Income34928.0
New ConstructionNo
Number of Units Leased2
Operating Expense8632.0
Patio/Porch FeaturesBalcony
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameAvenue A
Tax Lot8
Tenant PaysElectricity, Gas
Total Actual Rent43560.0
Total Units3
Trash Expense0.0
ViewMountains, Neighborhood, Ocean
View Y/NYes
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1752.0
Waterfront Y/NNo
Year Built1939
Year Built SourceSeeRemarks
ZoningRBR-3

Exterior for 526 Avenue A

Building Area Total3218.0
Crops Included Y/NNo
Door FeaturesSlidingDoors
Horse Y/NNo
Inclusionswasher, dryer
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, FrontYard, Garden, Lawn
Lot Size Acres0.1397
Lot Size Area6084.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,395,000
MLS#PV24076357
List Date 04/17/2024
Property Type Multi-Family
Phone 714.964.3311
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