404 N Broadway, Redondo Beach, CA 90277
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Sold Price :
$4,400,000
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Beds :
13
-
Baths :
13
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Property Size :
6,902 sqft
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Year Built :
1973
Property Description
We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.
Interior Features
| Bedroom Information |
| Bedrooms |
13 |
| Bathroom Information |
| Bathrooms |
13 |
Listing Information
| Address |
404 N Broadway |
| City |
Redondo Beach |
| State |
CA |
| Zip |
90277 |
| County |
Los Angeles |
| Listing Agent |
Nabil Awada DRE #02046840 |
| Co-Listing Agent |
John Wright DRE #01985584 |
| Courtesy Of |
Matthews Real Estate Investment Services |
| Close Price |
$4,400,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
6,902 |
| Lot Size |
10,505 |
| Year Built |
1973 |
Listing information courtesy of: Nabil Awada, John Wright, Matthews Real Estate Investment Services. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 15th, 2024 at 8:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
