2422 Carnegie Ln Redondo Beach, CA 90278

We are pleased to present an opportunity to acquire a 5 unit multifamily property located in Redondo Beach. For the first time on the market in over 40 years, this property presents a significant value add opportunity for a new owner. The interiors are completely original and there is some deferred maintenance on the property. This property is comprised of a single story home and four apartments over garages. There might be an opportunity to convert some of the garages into ADUs. Buyer to verify**. Please ask to see our inspection report detailing some of the deferred maintenance items. This is a contractor or value add buyers dream deal and wont last long! -Contractor or Value Add Buyers Dream, -First time on the market in over 40 years, -Possible ADU conversion while still keeping ample parking, -Over 35% upside in rents, -Located next to brand new construction