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323 S Francisca Avenue

Redondo Beach, CA 90277
  • $2,399,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: SB21241963
Under Contract
$2,399,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent: Jay Horrell of Horrell Realtors and Jessica Horrell of Horrell Realtors


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 each of the rental units units have been extensively remodeled including kitchens and baths. Current Mills Act Designation Greatly Reduces Property Taxes. All Offers Are Subject to Inspection.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123085141
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323 S Francisca Avenue Redondo Beach, CA 90277

  • Price: $2,399,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • ID#: SB21241963
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1960
Built
Neighborhood:
156 - S Redondo Bch S of Torrance Bl
County:
Los Angeles
Area:
156 - S Redondo Bch S of Torrance Bl
Property 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 each of the rental units units have been extensively remodeled including kitchens and baths. Current Mills Act Designation Greatly Reduces Property Taxes. All Offers Are Subject to Inspection.
Exterior Features

Architectural Style Victorian Construction Materials FrameWood Siding Direction Faces East Fencing Average Condition Foundation Details CombinationPillar/Post/PierSlab Lot Features Back YardFront YardLawnLandscapedRectangular LotSprinkler SystemStreet LevelYard Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features AssignedDriveway Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Built-In RangeDouble OvenDishwasherGas CooktopDisposalGas OvenGas RangeGas Water HeaterMicrowaveVented Exhaust FanDryerWasher Common Walls 2+ Common Walls Cooling None Cooling YN No Door Features Panel Doors Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetTileWood Heating Forced AirNatural GasWall Furnace Heating YN Yes Interior Features Built-In FeaturesChair RailCeiling Fan(S)Ceramic CountersCathedral Ceiling(S)High CeilingsPaneling/WainscotingStorageUnfurnishedAll Bedrooms UpWalk-In Closet(S) Window Features Casement Window(S)ScreensWood Frames

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Cap Rate 3.9 Common Interest Community Apartment Community Features BikingCurbsDog ParkGutter(S)ParkStorm Drain(S)Street LightsSuburbanSidewalks Current Financing AssumableConventional Disclosures HistoricalSeller Disclosure Electric Electricity - On Property Electric Expense 2400 Exclusions Tenants Personal Property Fuel Expense 800 Garage YN Yes Gross Income 122400 Gross Scheduled Income 122400 Insurance Expense 1000 Land Lease YN No Laundry Features Common AreaWasher HookupElectric Dryer HookupGas Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan Maintenance Expense 3000 Net Operating Income 94016 New Construction YN No New Taxes Expense 17794 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 28384 Possession See Remarks Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 10200 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater ConnectedOverhead Utilities Water Sewer Expense 2400 Water Source Public Zoning Rbr-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Jay Horrell of Horrell Realtors and Jessica Horrell of Horrell Realtors