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2114 Clark Ln
Redondo Beach, CA 90278 North Redondo Beach

$2,475,000 USD

Multifamily For Sale  •  3,571 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,571 SF
  • Lot Size 0.17 AC
  • Year Built 1956
  • Cap Rate 4.88 %
  • Zoning RBR-2
0 Transit Score
62 Walk Score

Highlights

Prime Investment Property: Triplex plus newly constructed detached 3-bedroom/2-bath ADU for a total of four residential units.
Fully Renovated Asset: All units are renovated, and both buildings have new roofs, new windows and copper plumbing upgrades.
Consists of (1) 3-bedroom/2-bathroom house w/ yard, (1) 3-bedroom/2-bathroom new ADU, (1) 2-bedroom/1-bathroom units & (1) 1-bedroom/1-bathroom unit.
Premier North Redondo Location: Close proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, and Redondo Beach Pier.
Modern Amenities: Updated kitchens and bathrooms and Brand-new Whirlpool washer and dryer installed in every unit.
Residential Asset: Presents ideal owner-user opportunity. | Strong Financials: 4.88% current cap rate & 13.80 current GRM.

Financial Summary (Actual)

Net Operating Income: $120,810 USD (2025)
Cap Rate: 4.88 %
Total Expenses: $53,150 USD

Amenities

  • Washer/Dryer

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 7.7 mi
Long Beach (Daugherty Field) 22 min - 14.4 mi
Bob Hope 45 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate