Listing provided courtesy of Malcolm Zeger of Buckingham Investments, Inc. Last updated 2025-01-31 09:11:26.000000. Listing information © 2024 CRMLS.
Asking Price: $2,295,000
2513 Carnegie, Redondo Beach CA 90278
Community: 152 - N Redondo Bch/Villas South
Status: Active
This Apartment property was built in 1962 and is priced at $2,295,000. Please see the additional details below.
$50,000 price reduction! Tree in front yard has been removed for improved curb appeal. Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 18.57 and a market cap rate of 3.7%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!