Listed by Steven Bogoyevac, Steven M. Bogoyevac, Broker,

173 Paseo De La Concha

Redondo Beach, CA, 90277

$3,095,000

$1,026 per ft²
$3,095,000
$1,026 per ft²
Active
Active
 - For Sale
carpenters-square
3,014 ft²
property_type
Multi-family
calendar
Built 1953
We're pleased to present to market the trophy asset located at 173 Paseo De La Concha in Redondo Beach, California. This 1953 construction fourplex boasts a stunning location just steps from the beach in an affluent neighborhood at the base of the Palos Verdes Peninsula. With 21 percent upside in current rents and the potential to develop two ADU’s (buyer to verify), this is an excellent opportunity to acquire prime investment real estate in a strong coastal market. The property is on a 8,400-square foot lot and consists of a two-story building that contains two one-bed/one-bath and two two-bed/one-bath units, in-unit laundry, a shared backyard, and a rear building with two two-car garages. 173 Paseo De La Concha is located in a sought-after residential area just 500 feet from Torrance County Beach and the start of the Redondo Beach Strand. Additionally, the property is a short half-mile from shopping and dining and Riviera Village.
MLS® ID:
PW22207398
Listed:
9/21/22
Updated:
9/29/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior/Building Features

Lot Size
8,400 ft² lot
Lot Details
Rectangular Lot
Sewer
Public Sewer

Other Property Details

Area Name
128 - Hollywood Riviera
HOA Amenities
Suburban
Garage
Yes
Garage Spaces
4
Parking
Y
Parking Total
4.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
TORR-MD

 

Listed by Steven Bogoyevac, Steven M. Bogoyevac, Broker,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/29/22. 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, 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.

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Data last updated 8:52 PM UTC, 9/29/22

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