502 N Elena Avenue

Redondo Beach, CA 90277

$2,850,000

Closed

  • 4,840Sq. Ft.
  • 6,015Lot Size (Sq.Ft.)

-No Rent Control -Centered in the Upscale South Redondo Beach Coastal Community - 3 Blocks from the Pacific Ocean -Located West of Pacific Coast Highway - Walking Distance to the Pacific Ocean and King Harbor -Outstanding Unit Mix - (One) Three-Bedroom/Two-Bathroom Unit, (One) Two-Bedroom/One-and-Half-Bathroom Townhouse Unit, & (Five) One-Bedroom/One-Bathroom Units -Over 24% in Rental Upside - Pro-Forma Cap Rate of 5.07% & Pro-Forma GRM of 14.76

Key Details

  • Type: Residential Income
  • Year Built: 1964
  • Days on Market: 111
  • Close Date: May 3rd, 2019
  • Status: Closed
  • Closed Price: $2,850,000
  • PPSF: $589
  • Orig. list price: $3,025,000
  • Date Listed: November 20th, 2018
  • MLS® #: 18409526
  • APN: 7503011029
  • APN: 7503011029
  • Special:

Additional Info

  • Stories: 2

Co-Agent

  • Agent: Jonathan Nikfarjam
  • Office: Shield CRE, Inc.

Community Information

  • Area: S. Redondo Beach South of PCH (157)
  • City/State: Redondo Beach, CA
  • Zip Code: 90277
  • County: Los Angeles

Exterior

  • Lot Size (sq. ft.): 6,015
  • Lot Size (acres): 0.14

Interior

  • Square Footage: 4,840
  • Cooling: See Remarks
  • DescriptionLaundry: See Remarks

Price History for 502 N Elena Avenue, Redondo Beach, CA (MLS® #18409526)

Date Details Price Change
Closed $2,850,000
Active Under Contract (from Active)
Property Listed $3,025,000

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Based on information from California Regional Multiple Listing Service, Inc. as of June 16th, 2019 at 10:37am PDT. 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.