124 S Guadalupe Avenue,  Redondo Beach CA, 90277 (Residential Income)

3,346 sqft
Status: Sold
MLS#: SB15177352
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Last Updated: 12/3/2016 8:25 PM
Description for 124 S Guadalupe Avenue Redondo Beach, CA 90277
PRICE REDUCED! SELLER WILL CONSIDER ALL OFFERS. This is a rare opportunity to purchase a 12,030’ ocean view lot in South Redondo Beach. The property is on an elevated lot with ocean views from Palos Verdes to Malibu and is just 5 blocks from the beach. The main house is a two story 5 bedroom/ 2 bath home on the front of the property, and a two story 3 bedroom 1 bath rental property located at the rear of the lot. The front house sits 18' above street level with ocean views from both downstairs and upstairs rooms. As a development purchase, the developer has the potential to build up to 4 detached ocean view townhomes on the 12,030 lot. It is currently zoned R-3 Residential.** The lot dimensions are approximately 60’ by 200’ at an elevation of 115' above sea level. Because the lot sits high above the street level, with one story properties to the south, the ability to maximize ocean views provides a developer a chance to build uniquely situated homes that each capture views of the Pacific Ocean. **Buyer to verify all property details and zoning approvals with the City of Redondo Beach. Seller and their agent make no guarantees with regard to lot divisions or property condition. SEE AGENT REMARKS
Price
Sold Price:
$2,052,000
Sold Date:10/31/2016
Los Angeles
3,346 (approx)
SB15177352
Closed
Description
PRICE REDUCED! SELLER WILL CONSIDER ALL OFFERS. This is a rare opportunity to purchase a 12,030’ ocean view lot in South Redondo Beach. The property is on an elevated lot with ocean views from Palos Verdes to Malibu and is just 5 blocks from the beach. The main house is a two story 5 bedroom/ 2 bath home on the front of the property, and a two story 3 bedroom 1 bath rental property located at the rear of the lot. The front house sits 18' above street level with ocean views from both downstairs and upstairs rooms. As a development purchase, the developer has the potential to build up to 4 detached ocean view townhomes on the 12,030 lot. It is currently zoned R-3 Residential.** The lot dimensions are approximately 60’ by 200’ at an elevation of 115' above sea level. Because the lot sits high above the street level, with one story properties to the south, the ability to maximize ocean views provides a developer a chance to build uniquely situated homes that each capture views of the Pacific Ocean. **Buyer to verify all property details and zoning approvals with the City of Redondo Beach. Seller and their agent make no guarantees with regard to lot divisions or property condition. SEE AGENT REMARKS
Listing Information
Property Type: Cluster, Colonial
0.27 Acres 1,203,000 sq.ft. 3,346 (approx)
$613.27 1908
Yes- 3 spaces
2 Total
Neighborhood
Room Information
Living Room, Workshop, Sun Room, Foyer, Attic
Inside, Hookups in Laundry Room
Interior Features
Gas Range/Cooktop
None
Living Room
French Doors, Crown Molding, High Ceiling, Foyer Entry
Exterior / Lot Features
3 Garage Spaces, 4 Parking Spaces, No Parking, Assigned Parking Space
Composition
None
No Pool
Ocean, Panoramic
60'X200'
Block
Sidewalks, Street Lights, Suburban
Driving Directions
Pacific Coast Hwy to Garnet, Left on Guadalupe, second house on the right. Cross Streets: Garnet Street
Financial Considerations
7506005026
$19,200 Income ,$34,500Expense
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: Ericson Beach Real Estate Kyle Daniels
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Information is deemed reliable but is not guaranteed.

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