213 S Francisca Ave - Multi-Family FOR SALE
Redondo Beach, CA 90277 |
213 S Francisca Ave
Redondo Beach, CA 90277
HIGHLIGHTS
- One unit delivered vacant, offering an ideal owner-user opportunity. | Premier South Redondo Beach Location: Situated just 4 blocks from the Sand.
- Unit Mix of (1) 2-bed/1.75-bath House with front yard, (1) 2-bed/1-bath, (1) non-conforming 1-bed/1-bath & (1) studio/1-bath with back yard.
- Large lot which includes storage, parking, and common areas for enjoying the outdoors. | No LA rent control, defaults to AB 1482.
- 4.89% current cap rate & 14.53 GRM. | Pro-forma cap rate of 6.29%.
- Just a few blocks from the Redondo Beach Pier, Torrance Beach, and King Harbor. | Qualifies for residential financing!
- Considered a generational asset with strong value-add potential.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
TOTAL BUILDING SIZE
5049
STORIES
2
YEAR BUILT
1924
PARKING SPACES
3
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7505-020-008
