Investment at the Beach-Not on the MLS

308 Ruby St. Redondo Beach, CA 90277

[pulsehover_text preset_name=”1″] 308-Ruby-St.-Redondo-Beach-CA-90277

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Price: $1,595,000

Units: 7

3 or more of the units may be non conforming

Approx Sq Ft: 3,000

Approx Yearly Income: $118K

CASH COW! Early 1900’s beach cottage apartment building, small but full of charm and character. City records shows as a 4 unit apartment, but currently used as 7 units (buyer to verify) three of the units may be non conforming. Mix includes (5) one bedroom one bath and (2) studios. 5 of the units have recently been updated with remodeled baths, new wood vinyl flooring, new appliances, new heaters and paint. Separate laundry room with coin-op machines, large walk-in basement with separate storage units for tenants and landlord. Located only 2 1/2 blocks to the beach. Current yearly income is approximately $118K (buyer to verify) property to be sold as in conditions with no warranties or repairs or credits ( remember it is a 100 year old property two blocks to the beach and a cash cow!) Please do not disturb tenants. All offers subject to inspection.

[srp_profile lat=”33.834618″ lng=”-118.38599899999997″ address=”308 Ruby St. 90277″ city=”Redondo Beach” state=”CA” zip_code=”90277″][/srp_profile]

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