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502 N Elena Ave
Redondo Beach, CA 90277
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Price Reduced $155,000
- Excellent unit mix of 3, 2 & 1 bedroom units
- New electrical panels, Individual garages & Select private patios & ocean views
- 100% occupied. well-managed, & maintained
- 6 of 7 units have been recently renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring & hardware
Property Facts
| Price Per Unit | $823,251 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.32% | Building Size | 4,840 SF |
| Gross Rent Multiplier | 16.9 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RBR-3A | ||
| Price Per Unit | $823,251 CAD |
| Sale Type | Investment |
| Cap Rate | 3.32% |
| Gross Rent Multiplier | 16.9 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2022 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | RBR-3A |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 708 |
| 2+1.5 | 1 | - | 850 |
| 3+2 | 1 | - | 1,200 |
Property Taxes
| Parcel Number | 7503-011-029 | Improvements Assessment | $870,865 CAD |
| Land Assessment | $3,483,465 CAD | Total Assessment | $4,354,330 CAD |
Property Taxes
Parcel Number
7503-011-029
Land Assessment
$3,483,465 CAD
Improvements Assessment
$870,865 CAD
Total Assessment
$4,354,330 CAD
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