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Listed by Robb Stroyke • Bayside
$2,249,000
Est. payment /mo
7,502 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25102145
Year Built 1952
Lot Size 7,502 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.
Location
State CA
County Los Angeles
Area 152 - N Redondo Bch/Villas South
Interior
Heating Forced Air
Cooling None
Laundry Laundry Area, Other, Washer/Dryer - Owned
Exterior
Parking Features Attached Garage, Garage, Common Parking Area, Gate / Door Opener, Side By Side
Garage Spaces 12.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 4158003011
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033