For Sale
1207 Beryl St, Redondo Beach
1207, Beryl Street, Redondo Beach, California, 90277, United States
  • $2,725,000

Overview

  • Multi Family Home
  • Property Type
  • 10
  • Bedrooms
  • 9
  • Bathrooms
  • 4632
  • 1963
  • Year Built

Description

Welcome to 1207 Beryl St, Redondo Beach. 1207 consists of 4 beautifully renovated units located just east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor! 

The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems, and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer, and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet. 

Take advantage of immediate cash flow with an outstanding 4.91% In-place cap rate & 14.49 In-place GRM, with room to increase rents even further. 

Highlights

  • 4 Units: (1) 4-bed 3-bath townhouse unit, perfect for an owner/user, (1) 2-bed 2-bath, (2) 2-bed 1.5 bath
  • Newly renovated, all major systems replaced or upgraded
  • Operating at 14.49 GRM & 4.91% Cap Rate
  • Conveniently located to King Harbor, Downtown Hermosa Beach, Schools, Restaurants, and more!

Details

Updated on March 5, 2024 at 11:36 pm
  • Price: $2,725,000
  • Property Size: 4632
  • Land Area: 5108
  • Bedrooms: 10
  • Bathrooms: 9
  • Year Built: 1963
  • Property Type: Multi Family Home
  • Property Status: For Sale
  • Address 1207 Beryl St, Redondo Beach
  • City Redondo Beach
  • State/county California
  • Zip/Postal Code 90277

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austin@lyonstahl.com
  • austin@lyonstahl.com