1207 Beryl Street, Redondo Beach, CA 90277

$2,700,000
List Price
$2,700,000
Price Change
▼ $50,000 1711757605
MLS#
SB24035242
Status
CONTINGENT
Type
Multifamily

Property Description

Presenting 1207 Beryl St, Redondo Beach. This property is now offered at an exceptional return of 5.06%, setting it apart as the only 5+ CAP that is turnkey and this close to the ocean! Dont miss out, as this property will not last! 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.

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Calculator source: Real Geeks

Courtesy of Lyon Stahl Investment Real Estate, Inc., Austin Zahn.