Property Detail
Description
Calling All Investors! An Opportunity You Don't Want to Miss! Located West of Avalon Blvd and South of Redondo Beach Blvd, this fully occupied, beautifully remodeled multi-unit property is a prime investment opportunity. The 3-unit building features a detached non-conforming studio and a spacious warehouse, offering multiple income streams and future potential. Property Highlights: Unit 100: 2 bedrooms, 1 bath-rented at $1800. Unit 102: Studio-rented at $1200. Unit 200: 1 bedroom, 1 bath with an office- rented at $1700. Unit 201: 1 bedroom, 1 bath- rented at $1600. Modern Upgrades: New kitchens with quartz countertops and stainless steel appliances. In-unit washers and dryers for tenant convenience. Brand-new HVAC systems for year-round comfort. Additional Income Potential: The detached 1,000 sq. ft. warehouse can easily be converted into extra rental units, maximizing income. The property's flexible LCM1-B1 zoning offers various development possibilities. With stable rental income and room for expansion, this exceptional investment is perfect for those looking to grow their portfolio or capitalize on a prime location.
Map Location
Listing provided courtesy of Julian Abi-Jaoude of The Agency. Last updated 2024-10-18 08:11:25.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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