Own a piece of the the Hollywood Riviera with this beautiful, well maintained income property. Rare opportunity. Three of the apartments have been re modeled and one is being done now. Located in the highly sought after and vibrant community of Hollywood Riviera, it has a Redondo Beach mailing address and is actually in the city of Torrance. 8 units consist of two 1BR/1BA and six 2BR/2BA. Present CAP is .033%, proforma is 044%. This building is an easy walk to the Hollywood Riviera Village and the beach. Miles of surfing beaches; walking, biking, jogging paths and gorgeous California coastline. Redondo Beach Pier and Marina is a short distance. Located among $million+ homes and condos, fine dining, retail and entertainment. In the Torrance school system, there are several schools nearby. Easy access to 405 & 110 Fwy, LAX and LA Harbor. 11 subterranean parking spaces in the garage with extra storage for each unit, supply storage, a laundry room and a stairway to the courtyard entry. PLEASE DO NOT GO ON THE PROPERTY OR DISTURB OCCUPANTS. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry
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Listing Snapshot
Price
$4,600,000
Days On Site
132 Days
Bedrooms
N/A
Inside Area (SqFt)
6,856 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1823 Acres
Year Built
1969
MLS® Number
SB25024965
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
4 months ago
Listing first seen on site
4 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.1823
Garage
Yes
Garage Spaces
11
Number Of Stories
2
Parking
AssignedDirect AccessGarage
Parking Spaces
11
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6856
Water Source
Public
Zoning
TORR-MD
Interior Features
Heating
Radiant
Laundry Features
Common Area
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Exterior Features
Lot Features
Near Public Transit
Pool Features
None
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Neighborhood
Waterview
Neighborhood
Community Features
Building Access
Front
Financing Terms Available
1031 Exchange
MLS Area
128 - Hollywood Riviera
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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