Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
1 of 3
Residential IncomeFor Sale
$975,000
716 W Redondo Beach Boulevard
Gardena, CA 90247
Listing Office: Steven M. Bogoyevac, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$5,133/mo

716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property’s potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU’s (buyer to verify). 716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows. The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities’ top employers: the Memorial Hospital of Gardena and the Hustler Casino.

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Information courtesy of Steven M. Bogoyevac, Broker is subject to verification and is not guaranteed.
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