Sold

404 N Broadway

Redondo Beach CA, 90277

$4,400,000


$637.50 per sqft

Sold

13 Beds

13 Baths

6,902 sqft

Residential

Built in 1973

Listed by Nabil Awada with Matthews Real Estate Investment Services 866-889-0550

We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.

23327547

MLS ID

October 30, 2023

Listed

March 28, 2024

Updated

Map

404 N Broadway
Redondo Beach CA, 90277

Interior Features

Total Stories

2


Bedrooms

13 Beds


Bathrooms

13 Baths


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.24 Acres

Other Property Details

Area Name

157 - S Redondo Bch W of PCH


Days on Market

92


Garage

Yes


Garage Spaces

11


Parking

Door-Multi, Door-Single, Garage


Parking Total

12


View

No


County

Los Angeles


Pool

No


Zoning

RBR-3A


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/15/2024

Sold

$4,400,000

1/30/2024

Pending

12/1/2023

Price Change

$4,570,000

-4%

Listing Contact: 866-889-0550 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:15 PM UTC

 

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