Sold
Closed
517 N Francisca Avenue
Redondo Beach CA, 90277
$2,755,000
$516.69 per sqft
Sold
Closed
5,332 sqft
Condo
Built in 1971
Listed by Shane Young with Younglewin Advisors, Inc. 562-556-1118
We are pleased to present a unique opportunity to acquire four townhomes, in a trophy location, at a low basis. Priced at a 17GRM, $523/Sq.Ft., and a current 4.21% Cap (Pro forma 5.08% cap), this is available at a cost well below the comps.
The subject property consists of one 3 bed/ 2.5 bath, one 2 bed/ 2 bath, & two 2 bed/ 1.5 bath townhome units. Each unit has its own private balcony/patio space, as well as its own private roof top deck. There is ample parking onsite, as well as onsite seller owned laundry for additional income. 517 N Francisca is located steps from the Redondo Beach Pier, the beach, Hollywood Riviera, and the 49 Acre 2,290 unit power plant development. This is one of the lowest GRMs, and lowest price per foot you'll find in such a sought after location & with condo-quality units. Reach out for more information ASAP, as this opportunity will not last long.
PW23015235
MLSⓇ ID
January 27, 2023
Listed
October 1, 2024
Updated
Map
517 N Francisca Avenue
Redondo Beach CA, 90277
Interior Features
Total Stories
3
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Value In Land
Sewer
Public Sewer
Other Property Details
Area Name
157 - S Redondo Bch W of PCH
Days on Market
69
Garage
Yes
Garage Spaces
6
Parking
Assigned
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
RBR-3A
Listing History
Date | Event | Price |
|---|---|---|
5/12/2023 | Price change | $2,755,000 -2% |
5/12/2023 | Sold | $2,755,000 |
Listing Contact: 562-318-0215
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/1/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/1/2024 at 9:54 PM UTC