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2001 Ruhland Avenue, Redondo Beach, CA 90278

2 Bed, 1 Bath Multi-Family Home For Sale

2001 Ruhland Avenue, Redondo Beach, CA 90278 House For Sale - MLS #19516162
Sold
$2,150,000
2
1
Multi-Family
4 Family
This listing is courtesy of Jonathan Weir from Marcus & Millichap.

Property Description for 2001 Ruhland Avenue, Redondo Beach, CA 90278

2001 Ruhland Ave, a 4-unit investment property in Redondo Beach, California. The property is located between Green and Blossom Lanes just blocks from Aviation Blvd. This area is a solid majority-renter market with low vacancy rates.2001 Ruhland Ave consists of four 2 Bedroom 1 Bathroom Units. All of the units are separately metered for gas and electricity. The property also offers 6 garages and 6 uncovered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.There are three garages generating $3,200 a year in additional income. All units are identical in renovation and layout. Current owner has the highest unit being rented out at$2,595. With a more modern renovation program for the interiors, a new investor can capture even more upside. This building is perfect for an investor seeking a clean bite sized deal in a strong rental market. CALL TODAY!

Interior Details

3,808 sq. ft.
$564.60/sq. ft.

Exterior Details

0.17 acres
7,510 sq. ft.
12

Other Details

19516162
1964

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $2,576     

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Monthly Mortgage Payments

$9,766
$13,602

Town Description

Redondo Beach is one of the three Beach Cities in Los Angeles County, California, United States. The population was 63,261 at the 2000 census. The city is located in the South Bay region of the...

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