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518 N Elena AVE Redondo Beach, CA 90277
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Key Details
Sold Price $1,940,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14158778
Year Built 1971
Annual Tax Amount $12,463
Tax Year 2013
Lot Size 6,011 Sqft
Property Description
Prime investment opportunity West of PCH near Marina, Pier and Redondo Beach Redevelopment area. Very well maintained large 4 unit building nestled among single family homes & luxury condos. Multi level townhome style units each have roof top view decks and garages. Large front unit 3 bdrm + family room or 4th bedroom, 2.5 baths, has ocean views from several rooms and decks. Three other units are 2 bedroom 1.5 bath each. All have dual glazed windows and sliders plus patios and/or balconies, some laminate flooring or carpeting, walk in closets, mirrored wardrobes, ovens and microwaves. All electric building with laundry area in a shared extra garage. Rarely for sale, these are great units, walking distance to shopping, Whole Foods, beach, walk and bike paths, very easy to rent, bright, breezy and beautiful. This is an very large building for 4 units. Based on square footage in assessor records and a visual estimation only, not measured, the front unit is estimated to be about 2000 sqft and the 2 bdrms are estimated at about 1000 sqft each. Buyer is advised to verify these estimates and all property details. Drive by only Do not disturb or approach tenants. Photos are in various units during prior tenancies or vacancies.
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Interior
Heating See Remarks
Flooring Carpet, Laminate
Laundry Washer Hookup, Electric Dryer Hookup, In Garage
Exterior
Parking Features Assigned, Garage, Garage Door Opener, Shared Driveway
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Gutter(s), Street Lights
Utilities Available Sewer Connected, See Remarks, Water Connected
View Y/N Yes
View Marina, Ocean
Roof Type Flat
Building
Lot Description Front Yard, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side
Story Multi/Split
Water Public, Private
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with James Sanders • RE/MAX Estate Properties