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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Alex Smith • eXp Realty of California Inc

$ 2,250,000

Est. payment -/mo

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2204 Carnegie Lane Redondo Beach, CA 90278

2,904 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,904 sqft

Price per Sqft $774

MLS Listing ID CRSB25084640

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1957

Lot Size 7,494 Sqft

Property Sub-Type Quadruplex

Property Description

Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Tile, Vinyl

Fireplace No

Appliance Gas Water Heater

Laundry Dryer, Gas Dryer Hookup, Washer, Other, Inside

Exterior

View None

Handicap Access Other

Building

Lot Description Level, Other, Landscape Misc

Water Public

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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