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6028 S Pacific Coast, Redondo Beach, CA 90277

Property Details

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6028 S Pacific Coast
Redondo Beach, CA 90277

For Sale: $11,780,000

Property Type: Commercial Apartments
MLS#: SB18058704

  • Building Size: 18132 SF
  • Lot Size: 15228 SF
  • Number of Units: 18
  • Number of Stories: 2
  • Year Built: 1964
  • Days on market: 222
  • Cap Rate: 4.03
  • Net Operating Income: $474,700
  • Gross Scheduled Income: $673,313
  • Rent Control: No
  • GRM: 16.98
  • Contact Listing Agent Direct:
  • Bryan Bohlinger, Bohlinger Properties, Inc.

Property Description

ATTRACTIVELY PRICED AT 4.02% CAP AND 16.99 GRM! Newly remodeled 18 apartment units (two separate 9 unit buildings 6028 & 6034 PCH) located within walking distance to the restaurants of the Hollywood Riviera and the beach. The building also has direct access to El Retiro Park with tennis courts, jungle gym, basketball court and library. These apartments have a great unit mix of 12 - 2 BED 2 BATH units and 6 - 3 BED 2 BATH units that have all been remodeled! The apartment comes with brand new stainless-steel appliances including: FRIDGE, OVEN/RANGE, MICROWAVE AND DISHWASHER. Each unit also includes a BRAND NEW WASHER AND DRYER! There is one garage parking spot per unit with brand new automatic garage doors. There are also 12 good sized private storage rooms. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, SIDING, ROOF, COPPER PLUMBING, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS & WINDOWS (some newer than others), GARAGE DOORS, BUILT IN BBQ AND PICNIC TABLE AND NEW LANDSCAPING!

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6028 S Pacific Coast, Redondo Beach, CA 90277

Based on information from California Regional Multiple Listing Service, Inc. as of March 27, 2018. 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.

Listing provided by: Bryan Bohlinger, Bohlinger Properties, Inc.

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