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2204 Carnegie Ln
Redondo Beach, CA 90278 North Redondo Beach

Price Upon Request

Apartments For Sale  •  4,270 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,270 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1957
  • Zoning RBR-3
40 Transit Score
70 Walk Score

Highlights

Prime Investment Opportunity: Four units in a desirable Redondo Beach location, offering strong rental potential in a coastal community.
Full Lot Size: Expansive 7,492-SF lot, providing ample space for outdoor amenities and future development potential.
Premier North Redondo Location: Close proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, and Redondo Beach Pier.
Consistent Unit Mix: All four units are 2-bedroom/1-bathroom layouts, ensuring an attractive and uniform rental appeal.
ADU Expansion Potential: Large lot and existing garages create excellent opportunities to add Accessory Dwelling Units (ADUs) for increased income.
No LA City Rent Control: Not subject to L.A. rent control; defaults to AB 1482, allowing for attractive annual rent increases.

Financial Summary (Actual)

Net Operating Income: $84,177 USD (2024)
Total Expenses: $35,075 USD

Amenities

  • Washer/Dryer
  • Washer/Dryer Hookup

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 8.7 mi
Long Beach (Daugherty Field) 21 min - 14.0 mi
Bob Hope 47 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes