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2602 Carnegie Ln
Off-Market Call for Pricing
Call for Pricing
- 6 Units
- 6,117 Sq Ft
- 7,497 Sq Ft
- Unknown Cap Rate
Description
We are pleased to present this turnkey 6 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive extra-large unit mix of two 3-Bed/2-Bath & four 2-Bed/2-Bath apartments. The entire property has been professionally designed, upgraded, and permitted, including upgrade of the electrical, plumbing and sewer systems, new windows, kitchens, bathrooms, flooring, etc. Lease-up produced fantastic and quick results with zero vacancies remaining. These apartments lease FAST due to exquisite exterior and interior design and amenities. Four of the units have private patios and balconies! Extremely walkable neighborhood with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482. Note the 3 bedroom units function accordingly but may be designated as 2-bedrooms on the C of O. Buyer to verify.
Owner
Do you own or manage this property?
This is My PropertyAmenities
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 | $4,175,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,117 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1969 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4082003010 |
| MLS # | 25541807 |
| Property ID | 295562747 |
| Lot Sqft | 7,497 |
| Zoning | RBR-3 |
| Total Units | 6 |
| Date Updated | December 28, 2025 |
| Date Created | May 27, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $3,703 | $3,775 |
| Unit #2 | 3 | 2.00 | $4,150 | $4,358 |
| Unit #3 | 2 | 2.00 | $3,745 | $3,932 |
| Unit #4 | 3 | 2.00 | $4,450 | $4,673 |
| Unit #5 | 2 | 2.00 | $3,440 | $3,612 |
| Unit #6 | 2 | 2.00 | $3,395 | $3,565 |
| Gross Income (Yr) | $ 273,000 |
| Operating Expenses | $ 74,063 |
| Net Income (Yr) | $ 199,333 |
| Cap Rate | 4.77% |
Listing Provided By
Noam Srolovitz an agent of Kape Property Management, Inc.. Lic #02069623
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT