Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
1 of 8
Residential IncomeFor Sale
$2,350,000
2513 Carnegie Lane
Redondo Beach, CA 90278
Listed by Malcolm Zeger DRE#02013882 [email protected] Buckingham Investments, Inc
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$12,230/mo

Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

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Information courtesy of Buckingham Investments, Inc is subject to verification and is not guaranteed.
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