2105 VAIL Avenue, Redondo Beach, CA 90278

$1,340,000
Sold Price
$1,340,000
List Price
$1,399,999
Closing Date
Feb 28, 2020
Status
CLOSED
MLS#
19518156
Year Built
1952
Lot Size
5,443
Days on Market
1
Property Type
Multifamily

Property Description

$100,000 PRICE REDUCTION 11/19/19. THIS WONT LAST LONG. lowest price point in the area sold in last 6 months. Redfin estimates priced $50,000 below market value based on recent sales. The property has been in the same hands for 40 years. The front 2b1b house with a garage has been slightly renovated and demands a top market rent given its size and house like feel to it. The back two units are identical 2b1b apartments. These units renovated in the area go for on average $2,750 a month. All units have private washer and dryers in their units. The projected annual gross income for this property is roughly $100,000 currently $66,6000. Don't miss out on this amazing opportunity. Call for more information.

Additional Information

Total Number of Units
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jonathan Weir from Marcus & Millichap

Listing sold by Jonathan Weir from Marcus & Millichap