DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

Contact Me





* fields are required
Back to Saved Search
Listing 18 out of 162
Sold for $860,000 Sold

1506 Phelan Lane
Redondo Beach, CA 90278

2 units | Multi Family Home
2701 sq ft - MLS# SB18048544
Property Photo

Sold

Sold for $860,000 on Jul 11, 2018

Description

1506 Phelan Lane is a duplex located in Redondo Beach. Built in 1955, this property has been well maintained and features (2) 2-bed/1-bath units with 1,560 SF of total living area. This property is perfect for an owner-user, or, with its huge upside in market rent potential, an ideal investment opportunity for somebody looking to expand their portfolio and acquire prime real estate in Redondo Beach.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $845,000
  • Zip Code: 90278
  • Year Built: 1955
  • Stories: One
  • Units: 2 units
  • Lot Size: 2701 sq ft
  • Zoning: RBR-3
  • Area: 151 - N Redondo Bch/Villas North
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1560.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01399621
  • Co-Listing Office License: 01972083
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
  • Country: US
  • Directions: On Phelan Lane near the Grand Ave intersection
  • Electric Expense: 600.00
  • Fuel Expense: 400.00
  • Gardener Expense: 1200.00
  • Gross Income: 36900.00
  • Gross Scheduled Income: 36900.00
  • Insurance Expense: 546.00
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01717818
  • Listing Office License: 01972083
  • Lot Features: Landscaped, Paved
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 1107.00
  • Net Operating Income: 19981.00
  • New Taxes Expense: 11359.00
  • Number Of Buildings: 1
  • Operating Expense: 15812.00
  • Selling Agent: William Joseph
  • Selling Agent License: 01934991
  • Selling Office: Strand Hill Christies International Real Estate
  • Selling Office License: 01968431
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 15812.00
  • Trash Expense: 200.00
  • Water Sewer Expense: 400.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 860000.00
  • Sold Date: 2018-07-11 00:00:00
Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon


Susan Whiteside | 310-293-6360 | Contact Me
403 Torrance Blvd - Redondo Beach, CA 90277
Copyright © 2018, All Rights Reserved

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu