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2513 Carnegie LaneRedondo Beach, CA 90278

For Sale

$2,295,000

Smart Buyer Rebate $22,950

$50,000 price reduction! Tree in front yard has been removed for improved curb appeal. Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 18.57 and a market cap rate of 3.7%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!

Listed by Malcolm Zeger

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License #02013882

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Buckingham Investments, Inc

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626-483-7983

Last updated January 23, 2025

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Source: CRMLS #SB24225852

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Redondo Beach
  • Days on Prevu313

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/23/2025
Price Decreased
$2,295,000
11/01/2024
Listed by Buckingham Investments, Inc
$2,350,000

Property Details for 2513 Carnegie Lane

Association

Amenities

  • Community Features: Biking, Park, Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1962
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: First Level

Measurements

  • Building Area Total: 4,342
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,504
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,504
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.3
  • Operating Expense: $41,874.00

Taxes

  • Parcel Number: 4157008017

Other

Location

  • Tax Block: 18
  • Tax Lot: 19

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.