224 South Broadway
224 South Broadway
$2,350,000
4
4
—
—
—
Closed 7/30/21
Description
Price reduced. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has...Price reduced. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with
three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax
reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss
this opportunity - Bring your offer now while it lasts! Please note: the historical application has been applied.
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has...Price reduced. Fantastic and rare investment opportunity in outstanding A+ South Redondo Beach location - This beautiful property offers 5.3% gross cap while sitting in just 2 blocks from Redondo Beach and Pier. All four cottage-style units are 1 bed with 1 full bath plus living/dining space. Beautifully
remodeled inside and out, including new vinyl floors, wood-framed windows, kitchen with new countertops and cabinets, ceilings, bathtubs,
vanities, lighting fixtures, and appliances. Each cottage has its own porch and patio with individual laundry space. Detached two-car garage with
three-car spaces in the driveway. This property will be eligible for the Mills Act, a historical preservation program, and will benefit from a huge tax
reduction. This trophy location and fully occupied units will attract renters and generate stable cash flow with low operating expenses. Don’t miss
this opportunity - Bring your offer now while it lasts! Please note: the historical application has been applied.
- Listed by Takeshi Kida • DRE #02096893 • Brokerage DRE #02090327 • Meldia Investment Realty of America
Property Details for 224 South Broadway
Parking Spaces Total
6
Private PoolNo
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area0
Assessor Parcel Number7505-019-041
Property Attached YNfalse
Location
LISTING UPDATED: 07/30/2021 01:45 PM
Property Details for 224 South Broadway
Status | Closed |
---|---|
MLS # | SB20263623 |
Days on Market | 65 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1920 |
Lot Size | 0.17 AC / 7,505 SF |
County | Los Angeles County |
Location
Building Information for 224 South Broadway
Stories-Residences-Year Built1920Building Size-Lot Size0.17 AC / 7,505 SF
Payment Calculator
$13,847 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 224 South Broadway
Property History for 224 South Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 224 South Broadway
Taxable ValueLand$674,000Additions$348,000Total$1,022,000
Tax Record2023$12,262 ($1,022 / month)
Home Facts
Total Finished SqFt2,137 SqFtAbove Grade Finished SqFt2,137 SqFtLot Size7,505 SqFtStyleQuadraplexYear Built1920ZoningRBR-3ACountyLOS ANGELESAPN7505-019-041
Schools near 224 South Broadway
This home is within Redondo Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Alta Vista Elementary School PublicK to 5 | ||
Parras (Nick G.) Middle School Public6 to 8 | ||
Redondo Union High School Public9 to 12 | ||
Redondo Beach Learning Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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