Listed by: David Caskey, eXp Realty of California Inc
$1,195,000
●
House -
Off Market
2600 185th Street
Redondo Beach, CA 90278
3 Beds
1 Bath
1,180 Ft²
$5,893
Est. Monthly
About This Property
Welcome to this delightful 3-bedroom, 1-bath home situated on a
spacious corner lot in the heart of Redondo Beach. With 1,180
square feet of living space, this home offers a wonderful
opportunity to create your dream residence in one of the most
sought-after neighborhoods in the South Bay. As you step inside,
you'll be greeted by a cozy and inviting atmosphere, perfect for
those looking to personalize and make this home their own. The
large corner lot, spanning 5,452 square feet, provides ample space
for outdoor living, gardening, or even expanding the home to suit
your needs. Whether you're a first-time buyer, a family looking to
settle down in a great community, or an investor with a vision,
this property is a canvas waiting for your touch. Located just
minutes from top-rated schools, parks, shopping, and the beautiful
beaches of Redondo, this home offers both convenience and
potential.
Unit Size
1,180 Ft²
Days on Market
48 days
Land Size
0.13 acres
Price per sqft
$1,017
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #SB24168924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by eXp Realty of California Inc | $1,200,000 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About North Redondo Beach
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Listed by: David Caskey, eXp Realty of California Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24168924
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24168924
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