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29403 Indian Valley Rd
Rancho Palos Verdes, CA 90275

Multifamily Property For Sale · 4 Units

Investment Highlights

  • 4-Unit Apartment in A+ Rancho Palos Verdes Location | Outstanding Unit Mix | Ocean Views | No Local Rent Control - Defaults to AB 1482
  • 5,324 SF of Living Area on Large 13,489-SF Lot | | 1972 Construction
  • One Unit with Washer/Dryer Hook-Ups | Laundry Room with New Washers & Dryers | 4 Garages Spaces + 4 Tandem Spaces
  • 3-Bedroom Unit Delivered Vacant - Desirable Owner/User Opportunity | Spacious Units | Private Patios & Balconies
  • Newer Roof, New Hot Water Heaters, New Furnaces & Upgraded Garage Doors
  • 4.37% Cap Rate & 15.96 GRM with Pro-Forma Cap Rate of 5.56% | Qualifies for Residential Financing

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.31 AC
Building Size 5,324 SF
No. Stories 2
Year Built 1972
Parking Ratio 2.25/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2.5 1 $4,500 -
3+2.5 1 $4,300 -
2+2 1 $2,800 -
2+1.5 1 $2,500 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7585-010-006
Land Assessment
$121,115
Improvements Assessment
$197,077
Total Assessment
$318,192

zoning

Zoning Code RPRM3600* (Residential dwelling units)
RPRM3600* (Residential dwelling units)
  • Listing ID: 33075793

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 29403 Indian Valley Rd, Rancho Palos Verdes, CA 90275

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