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$3,950,000
1 Day On Site

108 N Broadway
Redondo Beach, CA 90277

For Sale|Residential Income|Active
8
Beds
7
Total Baths
4,352
SqFt
$908
/SqFt
1906
Built
County:
Los Angeles
Listed by Noam Srolovitz of Kape Property Management, Inc. [email protected]

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Call Now: 310-363-9871
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310-363-9871
108 N Broadway108 N Broadway108 N Broadway108 N Broadway
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Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

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Listing Snapshot
Price 
$3,950,000
Days On Site 
1 Day
Bedrooms 
8
Inside Area (SqFt) 
4,352 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1747 Acres
Year Built 
1906
MLS Number 
26103119
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.1747
Levels 
Multi/Split
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
4352
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorDryerWasher
Flooring 
LaminateWood
Heating 
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
157 - S Redondo Bch W of PCH


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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