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$ 2,249,000
Est. payment | /mo
7,502 Sqft Lot
$ 2,249,000
Est. payment | /mo
7,502 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25102145
HOA Y/N No
Lot Size 7,502 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.
First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.
First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.
Location
State CA
County Los Angeles
Area Redondo Beach (90278)
Zoning Assessor
Interior
Appliance Forced Air Unit
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $120
Listed by Robb Stroyke • Bayside
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