$975,000
Off Market

716 W Redondo Beach Boulevard

Gardena, CA 90247
0.16 acres | #PW25033071
Listing OfficeSteven M. Bogoyevac, Broker
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property’s potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU’s (buyer to verify).
716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows.
The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities’ top employers: the Memorial Hospital of Gardena and the Hustler Casino.

Location

Jocelyn BackesReal Estate Group
OR

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