4146 Redondo Beach Blvd - 4146 Redondo Beach Blvd, Torrance

4146 Redondo Beach Blvd is a triplex located in northwest Torrance that has been proactively and meticulously maintained. With only 45% of residents being homeowners in this neighborhood located conveniently near the beach and the 405, 91, 105 and 110 Freeways, strong rental demand is ensured. Built in 1953, the 2,264 square foot building sits on a 5,364 square foot lot and is comprised of (2) 2 bed/1 bath and (1) 1 bed/1 bath plus patio unit that was converted into a 2-bedroom unit prior to current ownership. Two of the three units have undergone substantial interior renovations. Each unit is equipped with washer hookups and has a dedicated one-car garage, both highly sought after amenities by today’s renter. Additionally, each ground floor unit has its own private outdoor patio.
Some recent upgrades include:
• 2013 - updated electrical
• 2016 - ABS sewer line, exterior paint, Unit A remodel, Unit B fence
• 2018 - new staircase, termite tent, roof replacement over Unit A
• 2021 - drought resistant landscaping, Unit C remodel
• 2024 - new water heater for Unit A
Expenses are minimized with separately metered utilities, drought tolerant landscaping, and updated electrical. El Camino College is right around the corner, with a total enrollment of over 24,000 students. The property is also in close proximity to numerous restaurants, shops, and entertainment. Don't miss out on this investment opportunity in the non-rent controlled, highly desirable South Bay city of Torrance.