Listed by Adam Zunder with Iconic Investments

110 Paseo De La Concha

Redondo Beach, CA, 90277

$2,250,000

$679 per ft²
$2,250,000
$679 per ft²
Pending
Pending
 - For Sale
beds
6 Beds
baths
4 Baths
carpenters-square
3,312 ft²
property_type
Multi-family
calendar
Built 1955
We are pleased to present for sale, 110 Paseo De La Concha, located just steps away from the beach. First time on the market in over 30 years, this value-add property is the quintessential pride of ownership for rentals, or an opportunity for an owner-user looking occupy a unit. The building features four units, two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath. The square footage of the improvements is +/- 3,612, and the building sits on a large +/- 8,672 square foot lot. Paseo De La Concha sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. While the physical address of the property is Redondo Beach, the property is in the City of Torrance. Tenants of 110 Paseo De La Concha get the benefit of the amenities that both cities offer. The property has been well-maintained, however, current ownership has owned Paseo De La Concha for over three decades and hasn't repositioned or renovated the property to suit the demand for luxury units. New ownership can also explore other income generating options such as vacation rentals or adding ADU units.
MLS® ID:
23250817
Listed:
3/13/23
Updated:
4/1/23
Compass
Accardo Real Estate Company
Office: 310.855.3557Email: tony.accardo@compass.com

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Microwave
Total Bedrooms
6
Total Bathrooms
4
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

Exterior/Building Features

Lot Size
8,672 ft² lot

Other Property Details

Area Name
128 - Hollywood Riviera
Garage
No
Parking
Detached Carport
Parking Total
4.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
TORR-MD
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
3/24/23
Pending
-
-

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/1/23. 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.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/1/23 at 8:37 PM UTC

Compass
Accardo Real Estate Company
Office: 310.855.3557Email: tony.accardo@compass.com
Contact