601 Garnet Street, Redondo Beach, CA 90277

$2,700,000
5,106
SqFt
List Price
$2,700,000
Status
ACTIVE
MLS#
SB20033834
Year Built
1926
Living Sq. Ft
5,106
Lot Size
8,876
Acres
0.2038
Lot Location
Back Yard, Corner Lot, Landscaped, Lawn, Sprinklers In Rear, Yard
Days on Market
52
Property Type
Multifamily
Style
Spanish
Stories
Two Level

Property Description

Back on market. One of a kind registered historic landmark on 8876 sq. ft. corner lot with 180' of street frontage. 4 owners since built. House-like units with 9' to 12' ceilings, front patios with ocean/PV views and rear doors opening to large grass backyards, dining rooms, skylights, laundry rooms, hardwood floors, plaster walls, lots of built-ins and character. Upper owners unit has windows on 3 sides, formal dining + breakfast rooms and 2 decks. Lower owners unit (former grocery) is huge, currently 2 bed 2 baths + den/kids bed with 12' ceilings, could be converted to New York style loft. The three 1 beds could be expanded in back into 2 bed 2 baths. Building is larger than tax records state. Copper plumbing, EQ retrofitted, separate meters. 5 garages, could be rented separately. Long term tenants, huge upside in rents. Wide quiet street 6 blocks to beach. Mills Act landmark status provides apx. 65% reduction in property taxes. Paid $2.6M 3 years ago and put $ into it, losing 100k @ this price. Vintage SFR + 2 condos next door sold for $5,125,000. Current loan $1,773,000 with Malaga. Seller could take lower value property in trade.

Additional Information

Tract Number
7506
Lot Description
Carbon Monoxide Detector(s), Smoke Detector(s), Curbs, Sidewalks
Appliances
None
Pool Description
None
Fireplace Description
None
Heat
Natural Gas
Cooling Description
None
View
City Lights, Mountain(s), Neighborhood, Ocean
Roof
Composition
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Leo Nordine from Nordine Realtors, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.