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Listed by Devin E Jensen • Jensen Realty
$ 3,875,000
Est. payment | /mo
4,250 SqFt
$ 3,875,000
Est. payment | /mo
4,250 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $911
MLS Listing ID SB-25027922
Year Built 1952
Lot Size 7,509 Sqft
Property Sub-Type Commercial/Residential
Property Description
Welcome to 2420 Grant Avenue, a beautifully remodeled 5-unit multi-family property in the heart of Redondo Beach, offering a perfect blend of modern luxury and coastal charm. This exceptional investment opportunity features two 3-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, all designed for maximum comfort and rental appeal. With a gross operating income of $231,108, this property presents a strong return in a thriving rental market. Each unit has been thoughtfully upgraded with individually controlled air conditioning, in-unit washer and dryer, and modern dishwashers, ensuring a seamless living experience for tenants. The open floorplans create a bright and airy ambiance, maximizing both space and natural light. Outdoor areas are designed for privacy and enjoyment, with a private front yard for the 2-bedroom unit, private backyards for the 3-bedroom units, and a shared courtyard for the upstairs units, providing inviting spaces for relaxation and entertaining. Located in a highly desirable coastal community, this property is just moments from stunning beaches, top-rated schools, and a vibrant local scene, making it a prime choice for renters seeking the best of Southern California living. With its beach-inspired exterior, high-end finishes, and ideal location, 2420 Grant Avenue stands out as an exceptional turnkey investment opportunity in one of Los Angeles County's most sought-after markets.
Location
State CA
County Los Angeles
Area 152 - N Redondobch/Villassouth
Zoning RBR-3
Interior
Laundry Dryer Included, Gas Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup, Washer Included
Exterior
Parking Features Gated
Garage Spaces 5.0
Pool None
Community Features Biking, Gutters, Storm Drains, Street Lights
Building
Lot Description Lawn, Level with Street, Back Yard
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114