807 Lilienthal Lane

    Redondo Beach, CA 90278
    • $1,699,000
    • STATUS: ACTIVE
    • ON SITE: 10 days
    • ID#: 301631161
    $1,699,000
    • 7
      BEDS
    • 0.21
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,711
      SQFT
    • $627
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1958
    County:

    School Ratings & Info

    Description

    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 on 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.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.whisselrealty.com/homes/98833122

    807 Lilienthal Lane Redondo Beach, CA 90278

    • Price: $1,699,000
    • Status: ACTIVE
    • ID#: 301631161
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,711
    SQFT
    $627
    $/SQFT
    1958
    Built
    Neighborhood:
    Redondo Beach (90278)
    County:
    Los Angeles
    Area:
    Redondo Beach (90278)
    Property Description
    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 on 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.
    Exterior Features

    Parking For RV Hook-UpsOn-Site Parking Parking Garage Description Garage - Three DoorGarage - Two Door Parking Non Garage Description See Remarks Parking Spaces Total 9 Pool N/K Residential Styles All Other Attached Residential Unit Location 1 Common Wall Site Corner LotCurbsSidewalks View N/K

    Interior Features

    Bath Totals 4 Bedrooms Total 7 Fireplace Fp in Family Room Laundry Location GarageInside Searchable Rooms KitchenLaundry Stories 1 Story

    Property Features

    Assessments Special Assessments Home Owners Fees 0 Miscellaneous Storm DrainsSuburban Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventionalCash To New Loan Water Public Zoning Rbr-3

    Listing provided courtesy of Allison James Estates & Homes. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    eXp Realty of California - CA DRE# 01878277
    3180 University Ave, Suite 600
    San Diego CA, 92104