$ 3,950,000
-
$3,950,000
Price -
8
Bed -
6
Bath -
4,352
SqFt -
0.17
Acre
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About the Listing CLW-X82358 - CLW-C133693,CLW-C128155
Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.
Listing Highlights for 108 N Broadway
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Air Cond:
- Heating: Combination
- Fireplaces:
- Floor: Laminate,Wood
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: UNAVAILABLE
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
108 N Broadway Redondo Beach, CA 90277
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