2607 Curtis Avenue

    Redondo Beach, CA 90278
    • $2,549,000
    • STATUS: Active
    • ON SITE: 334 days
    • ID#: 18408284
    UPDATED: 48 min ago
    $2,549,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,975
      SQFT
    • $641
      $/SQFT
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Large 4 unit property on a 'staple' street in North Redondo. The property is seamless in many ways with 2 of the 4 units comprehensively rehabbed over the last couple years. Also, the large, rear sundeck has been rebuilt, as well as the railings.The electrical main panel has been rewired, as well. The units have separate gas and electric meters. Buyer must assume existing note of $1,295,000 at only 4.83% interest-only, fixed and due in 2029. AND++-+G+G-+G+-Seller will carry a Second Trust Deed, as well - bettering a Buyer's loan-to-value. Rate and term TBD.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/89468697

    2607 Curtis Avenue Redondo Beach, CA 90278

    • Price: $2,549,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 18408284
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,975
    SQFT
    $641
    $/SQFT
    1966
    Built
    Neighborhood:
    151 - N Redondo Bch/Villas North
    County:
    Los Angeles
    Area:
    151 - N Redondo Bch/Villas North
    Property Description
    Large 4 unit property on a 'staple' street in North Redondo. The property is seamless in many ways with 2 of the 4 units comprehensively rehabbed over the last couple years. Also, the large, rear sundeck has been rebuilt, as well as the railings.The electrical main panel has been rewired, as well. The units have separate gas and electric meters. Buyer must assume existing note of $1,295,000 at only 4.83% interest-only, fixed and due in 2029. AND++-+G+G-+G+-Seller will carry a Second Trust Deed, as well - bettering a Buyer's loan-to-value. Rate and term TBD.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 24.15 Gross Operating Income 115800.00 Laundry YN No Net Operating Income 61117.00 Special Listing Conditions Standard Sprinklers YN No Total Expenses 41247.00 Zoning Rbr-3

    Listing provided courtesy of Brice Head of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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