Sold
173 Paseo De La Concha
Redondo Beach CA, 90277
$2,500,000
$829.46 per sqft
Sold
3,014 sqft
Residential
Built in 1953
Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker 562-436-5800
We're pleased to present to market the trophy asset located at 173 Paseo De La Concha in Redondo Beach, California. This 1953 construction fourplex boasts a stunning location just steps from the beach in an affluent neighborhood at the base of the Palos Verdes Peninsula. With 21 percent upside in current rents and the potential to develop two ADU's (buyer to verify), this is an excellent opportunity to acquire prime investment real estate in a strong coastal market.
The property is on a 8,400-square foot lot and consists of a two-story building that contains two one-bed/one-bath and two two-bed/one-bath units, in-unit laundry, a shared backyard, and a rear building with two two-car garages.
173 Paseo De La Concha is located in a sought-after residential area just 500 feet from Torrance County Beach and the start of the Redondo Beach Strand. Additionally, the property is a short half-mile from shopping and dining and Riviera Village.
PW22207398
MLSⓇ ID
September 22, 2022
Listed
March 23, 2024
Updated
Map
173 Paseo De La Concha
Redondo Beach CA, 90277
Interior Features
Laundry Description
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
128 - Hollywood Riviera
Days on Market
67
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
TORR-MD
Buyer Agency Compensation
2%
Listing Contact: 562-436-5800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:35 AM UTC