Sold for $2,450,000 on Jan 28, 2019
This beautifully restored 7-unit apartment building is in a prime location in South Redondo Beach, just 2 blocks from the beach, pier, harbor, marina, bike path and more... Consisting of six (approx. 400 sq. ft.) single apartments with a shared-yard, and one (approx. 1,500 sq. ft.) 3 bedroom apartment... ideal for a possible owner's unit with its own large separate yard. This property demonstrates a vintage 1925 Spanish Colonial Architectural Style with one of the very few surviving Classic Quant and Original 1920âs Old Spanish Courts from Redondoâs Glory Days and is now a âLandmarkâ smack in the heart of Old Downtown Redondoâs "Mid-Way". The property is charming and authentic ...not just dolled-up, but well-maintained and updated in all the right places with authenticity always in mind. Featuring a brand-new roof that was installed last year, this building has been completely re-wired and repiped with copper and PVC. The exterior has also been painted, re-stuccoed, and relandscaped. The original hardwood flooring (almost 100 years old) has been repaired, restored, and refinished in three of the studio units. One unit has even been completely refurbished and re-plastered... featuring a remodeled kitchen with all new cabinetry, appliances, fixtures, and a tankless water heater. One of the studio units is currently undergoing updates including fresh paint and hardwood flooring. MAJOR UPSIDE RENT POTENTIAL!
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