1725 Van Horne Lane
About This Property
As you enter through a private courtyard, you're welcomed by French doors opening to a bright kitchen and dining area, featuring classic white cabinetry and granite countertops that make indoor-outdoor dining a breeze. Step through the front door into a spacious family room that flows seamlessly onto a large deck, perfect for hosting gatherings and enjoying the coastal breeze.
The top floor boasts three generously-sized bedrooms and a full bathroom with double sinks, while downstairs features an oversized living room with a cozy fireplace-a wonderful spot for relaxed evenings in. The fourth bedroom downstairs includes an en-suite bathroom, plus an adjoining bonus office or playroom that leads out to a backyard oasis complete with a large lawn and an extensive patio area for entertaining.
This home is a true gem in Redondo Beach, offering the perfect blend of space, style, and location-ideal for those seeking both comfort and convenience. And of course the acclaimed Jefferson Elementary school is just 4 blocks walking distance and this location is a short walk to the beach, Hermosa Beach pier, restaurants and shopping. Don't miss this darling home!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Keller Williams South Bay | $1,575,000 | |
| Listed by Keller Williams South Bay | |||
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About North Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017