2204 Carnegie Lane, Redondo Beach, CA 90278

$2,250,000

bedrooms

bathrooms

square feet

2,904

Acreage

0.17203856749311294

Open Houses

year built

1957

Full Baths

Half Baths

Find out more

See the 360 Tour https://bit.ly/42yEMOX *** Call/Text Listing Agent Alex Smith 424.259.3830 *** 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.

Location
Subdivision	-
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: SB25084640

Listing agent: Alex Smith #01859768

Listing broker: Exp Realty Of California, Inc. (888) 584-9427

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:40 p.m. EDT

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