$1,699,000 807 Lilienthal Lane Redondo Beach, CA

MLS: SW19214805   Type: Single Family   County: Los Angeles   City: Redondo Beach   Area: N Redondo Bch-el Nido   Zip: 90278     Stories: 1

Mortgage $7,977 /mo



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REAL ESTATE INVESTMENT OPPORTUNITY - LIVE IN ONE, RENT THE OTHER AND SUBSIDIZE YOUR MORTGAGE PAYMENT! Opportunities abound whether you are living, investing or building. This oversized 9,000 square foot lot features three units with the main house detached. The largest unit at 1,220 sq ft features 3 bed & 2 bath, with a spacious family room, kitchen, full chimney fireplace, & private laundry inside the detached 2 car garage (2422 Ralston Lane). The rear units are both 745 sq ft each with 2 bedrooms and one bath (807 & 809 Lilienthal Lane). One includes an attached garage and the other has additional exterior parking. There is room to park an RV that includes sewer & electrical hookup. All three units have a new roof as of 2015 & remolded bathrooms. This triplex is an oversized corner lot with potential to expand, & is walking distance to Washington Elementary & Adams Middle School. The property is only 2 miles from Redondo's famous King's Harbor & the newly approved $900M South Bay Galleria redevelopment that is slated to break ground in 2020 & completed in 2023. With great in-place income and significant upside rent potential, this is the perfect opportunity for an owner-user & investor alike to acquire an investment property in a highly desirable area with limited inventory.

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Price History

9/10/2019 Listed $1,699,000

Assessments Special Assessments
Assessments Y/N Yes
Attached Structure Attached
Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Directions Traveling 190th West, Right on Pruitt Drive, Left on Ralston Lane, property is on the corner of Lilienthal
HOA Fee 0.00
Lease Considered Y/N No
Levels One
Listagentaor Southwest Riverside County
Listing Agent Jennifer Duregger - BRE#01726681
Listing Agent State License 01726681
MLS Area 153 - N Redondo Bch/El Nido
Price Per Square Foot 626.71
Property Attached Y/N Yes
Property SubType Triplex
School District Redondo Unified
Senior Community Y/N No
Source System CRMLS
Zoning RBR-3

Interior Features

Air Conditioning Y/N Yes
Common Walls 1 Common Wall
Cooling Central Air
Fireplace Features Family Room
Fireplace Y/N Yes
Full + 3/4 Baths 4
Full Baths 4
Laundry Features In Garage, Inside
Laundry Y/N Yes
Main Level Bathrooms 4
Main Level Bedrooms 7
Room Type Kitchen, Laundry

Exterior Features

Attached Garage Yes
Carport Spaces 1.00
Garage Spaces 3.00
Land Lease Y/N No
Lot Features 2-5 Units/Acre, Corner Lot
Lot Size Acres 0.2066
Lot Size Area 9001.0000
Lot Size Source Assessor
Lot Size Square Feet 9001.00
Lot Size Units Square Feet
Parking Features Garage - Three Door, Garage - Two Door, RV Access/Parking, RV Hook-Ups, See Remarks
Parking Y/N Yes
Pool Features None
Private Pool Y/N No
Sewer Public Sewer
Total Parking 9.00
Uncovered Spaces 5.00
View None
Water Source Public

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Property vs Zip Code Avg (90278)

Price 1.69M Avg 1.23M

Sqr Feet 2,711 Avg 1,874

Cost / Sqr Ft $627 Avg $659

Acres 0.2066 Avg 0.11

Visits 30 Avg 28

Days on Site 10 Avg 53

Walkscore® 73 Avg 71

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Jennifer Duregger with Allison James Estates & Homes.

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Location & Address

Benilda Hestrin
43950 Margarita Road, Suite E
Temecula, CA