1716 Camino De La Costa

Redondo Beach, CA 90277
  • $4,840,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 6,778

    SqFt

About the Listing H02968 - SLESKTOD

LOCATION! LOCATION! LOCATION! Perfectly situated one block east of the beaches and waters of the majestic Pacific Ocean and one block west of the galleries, boutiques, restaurants and other attractions of Redondo Beach’s bustling “Riviera Village” shopping district, 1716 Camino De La Costa offers investors tremendous economic upside in an unparalleled location. Featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own desirability as well as the strength of the South Redondo Beach rental market in general. At 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.

Listing Highlights for 1716 Camino De La Costa

Status Active
Days on Site 165
Property Type Multi-Family
MLS ® OC25063474
Year Built 1958
Total Square Footage 6,778
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,No Land Lease
  • Garage Capacity: 8 car
  • Parking Spaces: 8
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7511011021
  • Tax Year: N/A

Payment Calculator

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Questions About..

1716 Camino De La Costa Redondo Beach, CA 90277

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Originating MLS: CA_CRISNET

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