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    1923 Vanderbilt Lane

    Redondo Beach, CA 90278
    • $2,550,000
    • STATUS: Active Under Contract
    • ON SITE: 19 days
    • MLS #: 21676938
    Under Contract
    UPDATED: 189 min ago
    $2,550,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,355
      SQFT
    • $476
      $/SQFT
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Well Maintained 6 Unit Building with 1-2Br, 2Ba; 4-2Br, 1Ba; 1-1Br, 1Ba. Each unit has dishwasher & stove, newer windows and doors, central heat, laundry hookups in private garages plus common laundry room. 3 Units have balconies. The 2 bedrooms have 1 car garage, 1br has a parking pad. The first floor units have hardwood floors. All units have new Italian tile floors in kitchens and baths with tile countertops. There is detached a 4 car garage that owner uses for storage; can be rented separately. Property has copper plumbing, new sewer line, newer roof, recently painted. Gated building. Central water heater. Rents haven't been raised in 2020. Room for increases. Corner lot located in fantastic North Redondo neighborhood, 2.5 miles to beach, close to restaurants, shopping, parks, transportation. Stated Expenses are Actual expenses but maintenance expense is low due to "Hands On" landlord. Do not disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-28T00:26:43.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113125449
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    1923 Vanderbilt Lane Redondo Beach, CA 90278

    • Price: $2,550,000
    • Status: Active Under Contract
    • Updated: 189 min ago
    • MLS #: 21676938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,355
    SQFT
    $476
    $/SQFT
    1970
    Built
    Neighborhood:
    152 - N Redondo Bch/Villas South
    County:
    Los Angeles
    Area:
    152 - N Redondo Bch/Villas South
    Property Description
    Well Maintained 6 Unit Building with 1-2Br, 2Ba; 4-2Br, 1Ba; 1-1Br, 1Ba. Each unit has dishwasher & stove, newer windows and doors, central heat, laundry hookups in private garages plus common laundry room. 3 Units have balconies. The 2 bedrooms have 1 car garage, 1br has a parking pad. The first floor units have hardwood floors. All units have new Italian tile floors in kitchens and baths with tile countertops. There is detached a 4 car garage that owner uses for storage; can be rented separately. Property has copper plumbing, new sewer line, newer roof, recently painted. Gated building. Central water heater. Rents haven't been raised in 2020. Room for increases. Corner lot located in fantastic North Redondo neighborhood, 2.5 miles to beach, close to restaurants, shopping, parks, transportation. Stated Expenses are Actual expenses but maintenance expense is low due to "Hands On" landlord. Do not disturb tenants.
    Exterior Features

    Architectural Style Traditional Construction Materials Stucco Direction Faces East Garage Spaces 9.00 Lot Features Rectangular Lot Lot Size Dimensions 50X150 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 9.00 Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherDisposalRange Appliances YN Yes Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring WoodCarpetTile Heating Central Heating YN Yes Interior Features Living Room Balcony Laundry Features In GarageCommunity Levels Two Window Features Double Pane Windows

    Property Features

    Country Us Financial Info As Of 2020-12-31 00:00:00 Gross Income 153588.00 Gross Multiplier 16.60 Gross Operating Income 153588.00 Gross Scheduled Income 153588.00 Insurance Expense 2510.00 Laundry YN Yes Lot Dimensions Source Assessor Maintenance Expense 13585.00 Net Operating Income 119383.00 New Taxes Expense 10973.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Units Leased 6 Number With Carpet 6 Number With Dishwasher 6 Number With Disposal 6 Number With Patio 2 Number With Range 6 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Smoke Detector(S)Carbon Monoxide Detector(S) Senior Community YN No Special Listing Conditions Standard Taxes Percent 1.20 Tenant Pays ElectricityGasTrash Collection Total Actual Rent 153588.00 Total Expenses 34205.00 Trash Expense 1510.00 Water Sewer Expense 2471.00 Zoning Rbr-3

    Listing provided courtesy of Terry Ballentine of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-28T00:26:43.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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