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$1,400,000
New Listing

715 Beryl
Redondo Beach, CA 90277

For Sale|Apartment|Active
0
Beds
0
Total Baths
2,000
SqFt
$700
/SqFt
1926
Built
County:
Los Angeles
Listed by Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. [email protected]

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310-363-9871
715 Beryl715 Beryl715 Beryl715 Beryl
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715 Beryl Street presents an exceptional investment opportunity in the highly desirable coastal community of Redondo Beach. Offered at $1,400,000, this well-located duplex features two spacious units consisting of (1) 1-bedroom/1-bathroom and (1) 2-bedroom/1-bathroom, totaling approximately 2,000 SF on a 4,639 SF lot. Both units are currently vacant, presenting a rare opportunity for an investor to immediately lease the property at market rents or for an owner-user to occupy one unit while generating rental income from the other. With projected annual rental income of $144,000 and an attractive 8.24% pro forma cap rate, the property offers strong income potential from day one. Ideally situated in the heart of Redondo Beach, just minutes from the coastline, local dining, shopping, and entertainment, 715 Beryl Street combines a desirable South Bay location with the flexibility of two vacant units and significant long-term investment appeal. An outstanding opportunity to acquire a fully vacant coastal duplex with immediate income potential!

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Listing Snapshot
Price 
$1,400,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1065 Acres
Year Built 
1926
MLS Number 
SB26229770
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing first seen on site
21 hours agoListing updated with changes from the MLS
General Features
Acres 
0.1065
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
1
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2000
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
CurbsStreet LightsSuburbanSidewalks
MLS Area 
155 - S Redondo Bch N of Torrance Bl
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
1


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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