2020 Graham Ave
12 Unit Apartment Building $5,750,000 ($479,167/Unit) Redondo Beach, CA 90278
INVESTMENT HIGHLIGHTS
- Graham Street is a 12 unit apartment building. Built in the 70’s on a 15,000 sf double lot. And located in one of Redondo Beach’s best locations
FINANCIAL SUMMARY (PRO FORMA - 2025) 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
|
PROPERTY FACTS
| Price | $5,750,000 |
| Price Per Unit | $479,167 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 12,056 SF |
| No. Stories | 2 |
| Year Built | 1970 |
UNIT AMENITIES
- Yard
SITE AMENITIES
- Roof Terrace
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 708 |
| 2+1 | 6 | - | 987 |
| 2+2 | 2 | - | 987 |
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PROPERTY TAXES
| Parcel Number | 4155-006-030 | Total Assessment | $5,358,060 (2024) |
| Land Assessment | $2,028,780 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,329,280 (2024) | Tax Year | 2025 |
ZONING
| Zoning Code | RBR-2 |
