3706 Redondo Beach Blvd

Torrance, CA 90504

Outstanding Owner-User Opportunity with Renovated 2-Bedroom Unit Delivered Vacant | Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 14.03 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Main Sewer Line Has Been Replaced | On-Site Laundry Facility - Generates Additional Annual Income | Total of 4 Garage Spaces | Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport | Qualifies for Attractive Residential Financing

Sales Price $1,595,000

Beds

8

Baths

4

Home Size

3516 Sq. Ft.

Lot Size

4966 Sq. Ft.

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Outstanding Owner-User Opportunity with Renovated 2-Bedroom Unit Delivered Vacant | Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 14.03 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Main Sewer Line Has Been Replaced | On-Site Laundry Facility - Generates Additional Annual Income | Total of 4 Garage Spaces | Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport | Qualifies for Attractive Residential Financing

This home located at 3706 Redondo Beach Blvd is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $1,595,000. It has 8 beds and 4 bathrooms. The property was built in 1958. 3706 Redondo Beach Blvd is in the North Torrance West community of County.

Quick Facts

  • Built in 1958
  • Total parking spaces 4Car
  • Garage
  • Community | North Torrance West
  • MLS# | 25609193

Features

  • Other Cooling
  • Other Heat
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Listed By Jonathan Nikfarjam · Shield CRE, Inc.

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