$2,400,000 Price Analysis   ♡   Redondo Beach, CA 90278 12 bed 8 bath 5,202 SqFt ($461/SqFt) 7,506SqFt lot. Built 1963 Listed 2024-05-01, Taxes $19,124 | Ⓧ USDA Ineligible due to price & location near Redondo Beach |
Presenting an exceptional 4-Unit opportunity in north Redondo Beach
* Has Contingent Offer *This listing features all 3-bedroom/2-bathroom units, each providing big 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 spacs.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 recei ve max leverage and put less money down.
Presented by Gianluca Jacoli at
Shield CRE, Inc.
Property MLS #24-386597 from TheMLSCLAW
Full Bathrooms: 8
Garage Spaces: 4
Garage Description: Garage
Parking Total: 4
Lot Size Source: Estimated
Lot Size Square Feet: 7506
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 4200, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 4200, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 4200, 4 BedsTotal: 3, 4 BathsTotal: 2, 4 SquareFeet: 4200
Source Listing Status: Active Under Contract
County: Los Angeles
Cross Street: Carnegie Lane & Blossom Lane
Cap Rate: 5.91
Directions: South of Artesia Boulevard, West of Rindge Lane, East of Blossom Lane, North of Rockefeller Lane
Source Property Type: Residential Income
Area: N. Redondo Beach/Villas South
Source Neighborhood: N. Redondo Beach/Villas South
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Parcel Number: 4156-008-014
Postal Code Plus 4: 3647
Zoning: RBR-3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $532,620 + $1,065,245 $1,597,865 | $19,124 |
| 2021 | $522,177 + $1,044,358 $1,566,535 | $18,665 |
| 2020 | $516,823 + $1,033,650 $1,550,473 | $18,688 |
| 2019 | $506,690 + $1,013,383 $1,520,073 | $18,309 |
| 2018 | $496,755 + $993,513 $1,490,268 | $17,818 |
| 2017 | $487,015 + $974,033 $1,461,048 | $17,550 |
| 2016 | $477,466 + $954,935 $1,432,401 | $17,233 |
| 2015 | $470,295 + $940,591 $1,410,886 | $16,917 |
| 2014 | $461,083 + $922,167 $1,383,250 | $16,701 |
| 2013 | $459,000 + $918,000 $1,377,000 | $16,476 |
| 2012 | $175,807 + $68,490 $244,297 | $3,758 |
| 2010 | $172,360 + $67,148 $239,508 | $3,555 |
| 2009 | $171,479 + $66,806 $238,285 | $3,473 |
| 2009 | $171,072 + $66,647 $237,719 | $3,473 |
| 2008 | $168,117 + $65,497 $233,614 | $3,382 |
| 2007 | $164,821 + $64,213 $229,034 | $3,184 |
$2,400,000
TheMLSCLAW
Sold 2012-02-24
$1,350,000
Public Record
Year Built: 1963
Levels: Multi Levels
Living Area Source: Estimated
Property Age: 61
Levels or Stories: 3
Building Total Stories: 3
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  | ||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.