2513 Carnegie Lane, Redondo Beach, CA 90278

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Property Description

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!


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2513 Carnegie Lane
City Redondo Beach
State CA
Zip 90278
County Los Angeles
Listing Agent Malcolm Zeger DRE #02013882
Courtesy Of Buckingham Investments, Inc
List Price $2,350,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 7,504
Year Built 1962

Listing information courtesy of: Malcolm Zeger, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 6:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.