2103 Carnegie Lane Redondo Beach, CA ^$ 2,400,000

2103 Carnegie Lane

^$ 2,400,000

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2103 Carnegie Lane

Redondo Beach, CA, 90278

^$ 2,400,000

Bedrooms12 Baths8.0 Sq 5,202

Monthly Estimate*

^$ 15,951

Listed by Shield CRE, Inc.

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 1

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 2

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 3

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 4

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 5

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 6

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 7

2103 Carnegie Lane, Redondo Beach, CA 90278 - Image 8

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Multi-Family Home for sale in Redondo Beach, CA

for $2,400,000 with 12 bedrooms and 8 full baths. This 5,202 square foot home was built in 1963 on a lot size of 0.1723.

Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.

Multi-Family Active

Price

^$ 2,400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1723

Year Built

1963

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

24386597

Days on Market

Features

General

Zoning RBR-3

Garage Spaces 4.0

Year Built 1963

Levels MultiSplit

Gross Income 187944.0

County Los Angeles

Net Operating Income 141803.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status ActiveUnderContract

Directions South of Artesia Boulevard West of Rindge Lane East of Blossom Lane North of Rockefeller Lane

City Redondo Beach

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 152 - N Redondo Bch/Villas South

Lot Size Units SquareFeet

Lot Size Square Feet 7506.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Carnegie

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://my.matterport.com/show/?m=CdfejhZ6icK

Days on Market 16

Standard Status ActiveUnderContract

Year Built Source Other

Cap Rate 5.91

Exterior

Parking Features Garage

Total Parking 4.0

Lot Size Area 7506.0

Number of Buildings 1

Spa N

Building Area Total 5202.0

Lot Size Acres 0.1723

Lot Size Source Estimated

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Lane

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 2103

* Excluded Features

List By

Shield Cre, Inc.

Broker

(310) 593-9861

Phone

Affordability Calculator

$15,951

Per Month

Monthly Principal & Interest: $15,951
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Redondo Beach, CA

Average List Price ^$2,570,297

Percent of Sale Price 7%

About Redondo Beach, CA

66,933 Population

6% Since 2002

^$107,834 Median Income

42.31 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$2,400,000		Listed Price

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2103 Carnegie Lane, Redondo Beach, CA, 90278 is a Multi-Family Home for sale at $2,400,000 with 5,202 sqft and a lot size of 0.1723. 2103 Carnegie Lane has 12 bedrooms, 8.0 baths, and was built in 1963. The property's zip code is 90278 which is in Redondo Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. 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 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, 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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2103 Carnegie Lane

Multi-Family Home for sale in Redondo Beach, CA

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