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Sold Date4/29/2021
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103 Paseo De La PlayaRedondo Beach, California CA90277-5348

Listing IDSB21022115

5,369 SqFt 0.215 Acres

$4,800,000

One of a kind trophy 7plex in best Riviera location: on quiet street 1 door from Esplanade, Miramar Park and beach. 3 owners since built. Mid-century Contemporary with open floorplans, vaulted ceilings, picture windows, lots of natural light, front and rear doors, rear patios, direct ocean breeze and cross breeze. Most have ocean/PV views. 9 beds, 10 baths, 5369 sq.ft., 9356 sq. ft lot (.21 acre), 8 garages with new doors and auto openers. 3 units remodeled with quartz counters, stainless appliances, engineered wood floors, new fixtures, closet organizers, etc. Spent 65k on the 2 bed. 4 units original with 20 year tenants. Separate gas & electric meters, all copper plumbing, excellent roof, extremely low expenses. One 2 bed has it's own laundry, and there's room to install in the other 2 beds. All tenants month to month, rents haven't been raised in 4 years, huge upside. 91 Walkscore: 0-2 blocks to beach, park, Starbucks, Trader Joe's, Riviera Village restaurants, shopping, farmers market.
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