Multifamily
712 - 722 W Redondo Beach Blvd
712 - 722 W Redondo Beach Blvd, Gardena, CA 90247
Listing Price: $2,175,000
Investment Overview
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire 712-722 West Redondo Beach Boulevard in Gardena, California. This offering comprises three fourplexes with all one-bedroom units on three contiguous parcels that total 0.47 acres. Each unit has a single-car garage, new windows, and is separately metered for gas and electricity.
The property is in a strong rental location conveniently near the 110 Freeway, retail, and within just blocks of two of Gardena’s largest employers.
With 57 percent potential upside in rents, 712-722 West Redondo Beach Boulevard is an excellent value-add opportunity.
Listing Price: $2,175,000
Investment Highlights
- Rare Offering of Three Fourplexes on Three Contiguous Parcels in Gardena
- n Excellent Value-Add Opportunity With 57 Percent Rental Upside
- All One-Bedroom/One-Bath Units With Single-Car Garages
Investment Overview
Marcus & Millichap is pleased to present to market the exciting opportunity to acquire 712-722 West Redondo Beach Boulevard in Gardena, California. This offering comprises three fourplexes with all one-bedroom units on three contiguous parcels that total 0.47 acres. Each unit has a single-car garage, new windows, and is separately metered for gas and electricity. The property is in a strong rental location conveniently near the 110 Freeway, retail, and within just blocks of two of Gardena’s largest employers. With 57 percent potential upside in rents, 712-722 West Redondo Beach Boulevard is an excellent value-add opportunity.
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