$2,295,000
1102 Opal Street
Redondo Beach, CA 90277
9
Beds
8
Baths
4,610
Sq. Ft.
1965
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
Fourplex in South Redondo Beach on a Quiet Residential Cul-de-Sac Street | Exceptional Owner-User Opportunity with Renovated 2-Bedroom/2-Bathroom Unit Delivered Vacant | One Mile from the Redondo Beach Pier, King Harbor & Pacific Ocean | Outstanding Unit Mix of Three-Bedroom & 2-Bedroom Units | Front 3-Bedroom Townhouse with Open Floor Plan, Vaulted Ceilings, Fireplace, Large Private Deck & Private Yard | Each Unit Contains Private Outdoor Space | Newer Roof & Full Copper Plumbing | 4.55% Current Cap Rate & 14.92 Current GRM | 5.98% Pro-Forma Cap Rate & 12.22 Pro-Forma GRM | 4,610-SF Building on a Large 7,300-SF Lot | No Local Rent Control - Defaults to AB 1482 | Property is on RUBs Program Reduces Operational Expenses for Landlord | Six Garage Spaces | Desirable Opportunity to Add ADUs | On-Site Laundry Facility | Qualifies for Residential Financing
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$12,215/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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