502 N Elena Avenue #1-7

Redondo Beach, CA 90277
Property listed by Kidder Mathews of California, Inc, Jonathan Mitchell 949-557-5000
$4,350,000
This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves withRead MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1964
MLS Number
OC26003145
Property Location Map
Additional Details
Building
Built in 1964, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Street
Community
Biking, Curbs, Park
Expenses
Electric: $636, Gardener: $1,505, Insurance: $10,427, Maintenance: $3,612, Operating: $83,299, Pest Control: $732, Trash: $2,645, Water/Sewer: $2,701, Other Expense: $412
Garage
10 spaces
Heating
Radiant
Home Owner's Association
Association Fee: $0
Income
Gross Income: $988, Gross ScheduledIncome: $224,892, Net Operating Income: $137,584
Laundry
CommonArea
Lot
0.1381 acres, SixToTenUnitsAcre
Parking
2 open parking spaces, 12 total parking spaces, Assigned
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7503011029, Tax Block: 145, Lot: 34
Tenant Pays
CableTv, Electricity, Gas
Utilities
Water Source: Public, 7 separate electric meters, 7 separate gas meters, 7 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.