Back to Search
2114 Clark Ln
For Sale $2,475,000 ($693.08 per Sq Ft)
$2,475,000 ($693.08 per Sq Ft)
- 9 Bedrooms
- 6.00 Bathrooms
- 3,571 Sq Ft
- 7,500 Sq Ft
Description
This prime investment opportunity features a beautifully renovated 4-unit residential asset in the highly desirable North Redondo Beach location. The property consists of a triplex plus a newly constructed detached 3-bedroom/2-bath ADU. The asset contains an outstanding unit mix of a 3-bedroom/2-bath house with private yard, a 3-bedroom/2-bath ADU, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit. All units have been thoughtfully upgraded with modern kitchens and bathrooms, and each unit contains new Whirlpool washers and dryers. The property has undergone capital improvements including new roofs, new windows and copper plumbing upgrades. Situated on a large 7,500-SF lot with 5 parking spaces, the property also boasts excellent curb appeal with fresh exterior paint, stucco repairs, and new lighting completed in 2024. Ideally located near Hermosa Beach Pier, Pier Avenue, King Harbor, and the Redondo Beach Pier, the asset offers tenants convenient access to premier coastal dining, shopping, and recreation. This residential property presents a compelling owner-user opportunity while also delivering strong in-place financials, including a 4.88% current cap rate and 13.80 GRM. Additionally, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With eligibility for attractive 1-4 unit residential financing, this turnkey asset represents a rare opportunity to acquire a stabilized asset in a highly sought-after location.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,475,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,571 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1956 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4156030005 |
| MLS # | 26657255 |
| Property ID | 293178746 |
| Lot Sqft | 7,500 |
| Zoning | RBR-2 |
| Total Units | 4 |
| Days on Market | 5 |
| Original List Price | $2,475,000 |
| Date Updated | February 26, 2026 |
| Date Created | February 26, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $4,590 | $4,650 |
| Unit #2 | 3 | 2.00 | $4,490 | $4,550 |
| Unit #3 | 2 | 1.00 | $3,300 | $3,400 |
| Unit #4 | 1 | 1.00 | $2,565 | $2,650 |
| Gross Income (Yr) | $ 173,959 |
| Operating Expenses | $ 53,149 |
| Net Income (Yr) | $ 120,810 |
| Cap Rate | 4.88% |
Listing Provided By
Gianluca Jacoli an agent of . Lic #01938297
© 2026 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of February 26, 2026 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT