Redondo Beach, CA 90277,518 N Elena AVE

$1,940,000

$2,049,000

5.3%
Est.Price: ?

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Est. payment /mo

6,011 Sqft Lot


SOLD DATE : 09/23/2014

Key Details

Sold Price $1,940,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB14158778

Sold Date 09/23/14

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1971

Annual Tax Amount $12,463

Tax Year 2013

Lot Size 6,011 Sqft

Property Description

Prime investment opportunity West of PCH near Marina, Pier and Redondo Beach Redevelopment area. Very well maintained large 4 unit building nestled among single family homes & luxury condos. Multi level townhome style units each have roof top view decks and garages. Large front unit 3 bdrm + family room or 4th bedroom, 2.5 baths, has ocean views from several rooms and decks. Three other units are 2 bedroom 1.5 bath each. All have dual glazed windows and sliders plus patios and/or balconies, some laminate flooring or carpeting, walk in closets, mirrored wardrobes, ovens and microwaves. All electric building with laundry area in a shared extra garage. Rarely for sale, these are great units, walking distance to shopping, Whole Foods, beach, walk and bike paths, very easy to rent, bright, breezy and beautiful. This is an very large building for 4 units. Based on square footage in assessor records and a visual estimation only, not measured, the front unit is estimated to be about 2000 sqft and the 2 bdrms are estimated at about 1000 sqft each. Buyer is advised to verify these estimates and all property details. Drive by only Do not disturb or approach tenants. Photos are in various units during prior tenancies or vacancies.

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Interior

Interior Features Balcony

Heating See Remarks

Flooring Carpet, Laminate

Fireplace No

Appliance Electric Range, Electric Water Heater, Free-Standing Range, Microwave

Laundry Washer Hookup, Electric Dryer Hookup, In Garage

Exterior

Garage Assigned, Garage, Garage Door Opener, Shared Driveway

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Gutter(s), Street Lights

Utilities Available Sewer Connected, See Remarks, Water Connected

View Y/N Yes

View Marina, Ocean

Roof Type Flat

Parking Type Assigned, Garage, Garage Door Opener, Shared Driveway

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side

Story Multi/Split

Entry Level Multi/Split

Water Public, Private

Architectural Style Contemporary

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Tax ID 7503011021

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Vincent DeLuca • Re/Max Estate Properties
Bought with James Sanders • RE/MAX Estate Properties
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