807 Lilienthal Lane Redondo Beach, 90278

Bedrooms:
7
Bathrooms:
4
Square Feet:
2,711 sqft
Price $1,699,000 .00
Approx /month
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Sale Price:
$1,699,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
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Property Description

REAL ESTATE INVESTMENT OPPORTUNITY - LIVE IN ONE, RENT THE OTHER AND SUBSIDIZE YOUR MORTGAGE PAYMENT! Opportunities abound whether you are living, investing or building. This oversized 9,000 square foot lot features three units with the main house detached. The largest unit at 1,220 sq ft features 3 bed & 2 bath, with a spacious family room, kitchen, full chimney fireplace, & private laundry inside the detached 2 car garage (2422 Ralston Lane). The rear units are both 745 sq ft each with 2 bedrooms and one bath (807 & 809 Lilienthal Lane). One includes an attached garage and the other has additional exterior parking. There is room to park an RV that includes sewer & electrical hookup. All three units have a new roof as of 2015 & remolded bathrooms. This triplex is an oversized corner lot with potential to expand, & is walking distance to Washington Elementary & Adams Middle School. The property is only 2 miles from Redondo's famous King's Harbor & the newly approved $900M South Bay Galleria redevelopment that is slated to break ground in 2020 & completed in 2023. With great in-place income and significant upside rent potential, this is the perfect opportunity for an owner-user & investor alike to acquire an investment property in a highly desirable area with limited inventory.

General Information

Price:
$1,699,000
Status:
Active
Listing Updated:
9/16/2019
List Date:
9/9/2019
Close Date
0000-00-00 00:00:00
Square Feet:
2,711
Bedrooms:
7
Bathrooms:
4
Garage Spaces:
3
Year Built:
1958
City:
Redondo Beach
Zip:
90278
County:
Los Angeles
MLS ID:
SW19214805
Listing Broker:
Allison James Estates & Homes
Listing Agent:
Jennifer Duregger
CalBRE#:
01726681

Home Features

Interior Features:
Exterior Features:
Kitchen Features:
Eating Area:
Bath Features:
Appliances:
{Appliances}
Flooring:
Laundry:
In Garage, Inside
Architectural Style:
Levels:
One
Fireplace Features:
Family Room
Cooling:
Central Air
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Rooms Included:
Kitchen,Laundry
Accessibility Features:

Community Information

MLS Area:
153 - N Redondo Bch/El Nido

Lot Information

Lot Size (sq feet):
9,001

Location Information

Directions:
Traveling 190th West, Right on Pruitt Drive, Left on Ralston Lane, property is on the corner of Lilienthal