Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units.
This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package.
Step into immediate cash flow with an impressive 4.86% in-place Cap Rate and 14.52 in-place GRM!
4 Units, (1) 4-bedroom 2-bath, (1) 3-bedroom 1.5-bath, (2) 2-bedroom 1.5-bath
Newly renovated, all major systems replaced or upgraded
Operating at 4.86% Cap Rate & 14.52 GRM
Conveniently located to Schools, Restaurants, Shopping, & the Beach