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listing
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Residential IncomeFor Sale
$2,750,000
2701 Curtis Avenue
Redondo Beach, CA 90278
Listed by Brett Lyon DRE#01717818 Broker@lyonstahl.com Lyon Stahl Investment Real Estate, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$14,295/mo

Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.

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Information courtesy of Lyon Stahl Investment Real Estate, Inc. is subject to verification and is not guaranteed.
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