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Redondo Beach, CA 90278,2420 Grant AVE
Redondo Beach, CA 90278,2420 Grant AVE
Redondo Beach, CA 90278,2420 Grant AVE
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$3,875,000
Est. payment /mo
7,509 Sqft Lot
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UPDATED:

02/07/2025 06:22 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25027922

HOA Y/N No

Year Built 1952

Lot Size 7,509 Sqft

Property Sub-Type Mixed Use

Property Description

Welcome to 2420 Grant Avenue, a beautifully remodeled 5-unit multi-family property in the heart of Redondo Beach, offering a perfect blend of modern luxury and coastal charm. This exceptional investment opportunity features two 3-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, all designed for maximum comfort and rental appeal. With a gross operating income of $231,108, this property presents a strong return in a thriving rental market.

Each unit has been thoughtfully upgraded with individually controlled air conditioning, in-unit washer and dryer, and modern dishwashers, ensuring a seamless living experience for tenants. The open floorplans create a bright and airy ambiance, maximizing both space and natural light. Outdoor areas are designed for privacy and enjoyment, with a private front yard for the 2-bedroom unit, private backyards for the 3-bedroom units, and a shared courtyard for the upstairs units, providing inviting spaces for relaxation and entertaining.

Located in a highly desirable coastal community, this property is just moments from stunning beaches, top-rated schools, and a vibrant local scene, making it a prime choice for renters seeking the best of Southern California living. With its beach-inspired exterior, high-end finishes, and ideal location, 2420 Grant Avenue stands out as an exceptional turnkey investment opportunity in one of Los Angeles County's most sought-after markets.

Location

State CA

County Los Angeles

Area 152 - N Redondo Bch/Villas South

Zoning RBR-3

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Stacked

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Biking, Gutter(s), Storm Drain(s), Street Lights

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Lawn, Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4157018002

Acceptable Financing Conventional, Contract

Listing Terms Conventional, Contract

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Devin Jensen • Jensen Realty • 310-809-2891
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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2420 Grant AVE