2204 Carnegie Lane

Redondo Beach, CA 90278

  • 8 Bed(s)
  • 4 Bath(s)
  • 2,904 Sqft
  • 7494
    Sqft(Lot)
$2,250,000

Description

Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. they have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. there is parking for 8+ vehicles, including the (4) partitioned 1-car garages. a common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. there's some upside potential for increased rents when the 3 leases expire. gross annual income of $122,000. net annual income of $86,400 and a 3.84% cap.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49454886

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Ceiling Fan(s),Quartz Counters,Unfurnished,Bedroom on Main Level
    • Windows: Blinds
    • Property Appliances: Dishwasher,Gas Range,Gas Water Heater,Refrigerator,Range Hood,Dryer,Washer
    • Fireplace: None
    • Flooring: Tile,Vinyl

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1957
    • Building Area Total: 2,904
    • Construction: Drywall,Stucco

    Foundation

    • Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • No Stairs

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Inside

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.172
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7494

  • Listing Price Information

    • Original List Price: 2,250,000
    • Listing Contract Date: 2025-04-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4157012010

  • Garage and Parking

    • Garage Description: Assigned,Concrete,Driveway,Garage Faces Front,Garage,Garage Door Opener

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 152 - N Redondo Bch/Villas South
    • Postal Code Plus 4: 3770
    • Directions: From Artesia, head south on Rindge, then east on Carnegie. Bldg is on south side of the street.
    • Zoning: RBR-3
    • Source Property Type: Residential Income
    • Area: 152 - N Redondo Bch/Villas South
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 68
    • Common Walls: 2+ Common Walls
    • Property Condition: Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: East side
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/28/2025 @ 11:09

  • MLS: SB25084640
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 2,904 sqft, 7,494 sized lot, and 4 parking. are nearby neighborhoods.