2001 Ruhland Avenue

Redondo Beach, CA 90278

$2,150,000

Status: Active

  • 4Units
  • 3,808SQ. Feet
  • 7,510Lot Sq. Ft.

2001 Ruhland Ave, a 4-unit investment property in Redondo Beach, California. The property is located between Green and Blossom Lanes just blocks from Aviation Blvd. This area is a solid majority-renter market with low vacancy rates.2001 Ruhland Ave consists of four 2 Bedroom 1 Bathroom Units. All of the units are separately metered for gas and electricity. The property also offers 6 garages and 6 uncovered parking spaces. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.There are three garages generating $3,200 a year in additional income. All units are identical in renovation and layout. Current owner has the highest unit being rented out at$2,595. With a more modern renovation program for the interiors, a new investor can capture even more upside. This building is perfect for an investor seeking a clean bite sized deal in a strong rental market. CALL TODAY!

Key Info

  • TypeResidential Income
  • StatusActive
  • Year Built1964
  • Days on Market12
  • Price$2,150,000
  • Price/Sqft$565
  • Date ListedSeptember 30th, 2019
  • MLS® #19516162

Interior

  • Square Footage3,808
  • Units4
  • Bathrooms0.00
  • # of Stories2
  • CoolingSee Remarks

Listing Details

  • Listing AgentJonathan Weir(02038545)
  • Listing OfficeMarcus & Millichap

Community Information

  • AreaN. Redondo Beach/Villas North (151)
  • CityRedondo Beach, CA
  • Zip Code90278
  • CountyLos Angeles

Exterior

  • Lot Sq. Ft.7,510
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Based on information from California Regional Multiple Listing Service, Inc. as of October 13th, 2019 at 8:28pm PDT. 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.