323 S Francisca Avenue,  Redondo Beach CA, 90277 (Residential)

3 beds , 2 Full baths
3,970 sqft
Status: Active
MLS#: SB16708185
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Last Updated: 12/8/2016 11:41 AM
Description for 323 S Francisca Avenue Redondo Beach, CA 90277
Circa “1892” Queen Anne Victorian Plus a Detached Triplex in South Redondo Just 3 Blocks to the Beach. A Rare Opportunity for Both Owner Users and Investors seeking a “Landmark Property” in a Premiere Coastal Community. This Property is Rich in Heritage with the Historical Victorian known as the Birthday House of Redondo Beach Constructed the Year the City was Incorporated in 1892 and includes a Detached Triplex Built in 1960. Great Unit Mix with (1) 3bed/2ba (2) 2bed/2ba and (1) studio. The Victorian has been meticulously maintained and one of the 2 bedroom units has been completely remodeled including kitchen and both baths. The Victorian is currently vacant allowing for immediate owner occupancy or for the savy investor to maximize market rent. Low Rents on the Remaining Occupied Units Offers Substantial Rental Upside. Gross Income based on Market Rents of $113,400 with Current Expenses and New Taxes NOI would be $83,260. Current Mills Act Designation Greatly Reduces Property Taxes. All Offers Are Subject to Inspection
Price
$2,249,000
Los Angeles
3
2 Full
3,970 (approx)
SB16708185
Active
Description
Circa “1892” Queen Anne Victorian Plus a Detached Triplex in South Redondo Just 3 Blocks to the Beach. A Rare Opportunity for Both Owner Users and Investors seeking a “Landmark Property” in a Premiere Coastal Community. This Property is Rich in Heritage with the Historical Victorian known as the Birthday House of Redondo Beach Constructed the Year the City was Incorporated in 1892 and includes a Detached Triplex Built in 1960. Great Unit Mix with (1) 3bed/2ba (2) 2bed/2ba and (1) studio. The Victorian has been meticulously maintained and one of the 2 bedroom units has been completely remodeled including kitchen and both baths. The Victorian is currently vacant allowing for immediate owner occupancy or for the savy investor to maximize market rent. Low Rents on the Remaining Occupied Units Offers Substantial Rental Upside. Gross Income based on Market Rents of $113,400 with Current Expenses and New Taxes NOI would be $83,260. Current Mills Act Designation Greatly Reduces Property Taxes. All Offers Are Subject to Inspection
Listing Information
Property Type: Single Family, Victorian, 2 Story
3 2 Full
0.13 Acres 6,041 sq.ft. 3,970 (approx)
$566.5 1892
Yes- 2 spaces 2
Frame
Pillars/Post
Gas Water Heater
Neighborhood
School Information
District: Redondo Unified
ALTA VISTA PARRAS REDONDO UNION
Room Information
Bathrooms
2
Living Room
1 Master Suite, Walk-In Closet
Bathtub
Interior Features
Range/Oven Built-in, Dishwasher, Double Oven, Garbage Disposal, Gas Range/Cooktop, Microwave, Exhaust Fan/Hood, Dryer, Washer, Carbon Monoxide Detector
Hardwood, Carpet Wall to Wall, Ceramic Tile
None, Ceiling Fan(s)
Gas Heat, Wall Unit, Forced Air
Casement, Screened, Wood Frame
Foyer Entry
Living Room, Wood-burning
Alarm -Smoke/Fire,
Cathedral/vaulted Ceiling, High Ceiling, Unfurnished, Foyer Entry
Exterior / Lot Features
2 Garage Spaces, 6 Parking Spaces, Assigned Parking Space, Driveway
Frame
Enclosed, Wood Decking
Composition
None
No Pool
40 X 150
RBR-1
Gutters, Sidewalks, Street Lights, Curbs Walk, Suburban, Storm drains
Driving Directions
South of Torrance Blvd. One Block East of PCH
Financial Considerations
7505021005
Listing Price History

Redondo Beach Real Estate

Redondo Beach is located in California. Redondo Beach, California 90277 has a population of 66,800.

The median household income in Redondo Beach, California 90277 is $98,816. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Redondo Beach 90277 is 39.9 years.

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Courtesy: Horrell Realtors Jay Horrell
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Information is deemed reliable but is not guaranteed.

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