106 Vista Del Mar
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
106 Vista Del Mar
8 Unit Apartment Building $5,200,000 ($650,000/Unit) 2.58% Cap Rate Redondo Beach, CA 90277
Investment Highlights
- Walking distance to beach
- Upside potential
- covered parking
Executive Summary
Super desirable 8 unit apartment building 4 lots in from the Esplanade. 4 two bedroom 1 bath units and 4 1 bedroom 1 bath units. Some units have ocean view. Covered parking in the back for 7 cars. laundry room attached to building. Lots of upside potential. Walk to the beach and Riviera shops and restaurants. Unit #5 has just been renovated.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,200,000 | Apartment Style | Low Rise |
| Price Per Unit | $650,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 2.58% | Building Size | 6,628 SF |
| Gross Rent Multiplier | 19.78 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 1.21/1,000 SF |
| Price | $5,200,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| Cap Rate | 2.58% |
| Gross Rent Multiplier | 19.78 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,628 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.21/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Heating
- Ceiling Fans
- Views
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $3,046 | - |
| 1+1 | 4 | $2,488 | - |
1 of 1
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 7511-016-004 | Total Assessment | $1,733,680 (2024) |
| Land Assessment | $433,410 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,300,270 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
7511-016-004
Land Assessment
$433,410 (2024)
Improvements Assessment
$1,300,270 (2024)
Total Assessment
$1,733,680 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | RBRMD (Residential Mixed Use) |
| RBRMD (Residential Mixed Use) |
1 of 46
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
106 Vista Del Mar
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.