See Home Value
$4,451,710*
Multifamily - Off Market

601 Garnet Street

Redondo Beach, CA 90277
bedrooms
Studio
bathrooms
0 Bath
$2,700,000 - $3,300,000
Reference Base Price*
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

One of a kind trophy, Drobatz Grocery and Apartments, Historic Landmark #107. Has had 4 owners since built. 8876 sq.ft. corner lot with 180' of street frontage. Units are largely original, with 9' to 12' ceilings, front and rear doors, large front patios with ocean/P.V. views, large grass backyards, dining rooms, skylights, laundry rooms, hardwood floors, plaster walls, lots of built-ins and character. Owners unit will be delivered vacant. It's the front upper unit, with windows on 3 sides, 2 beds, formal dining + breakfast rooms and 2 decks. Lower unit is huge, 2+ beds, with 12' ceiling; could be converted to New York style loft or back to commercial. The three 1 beds could be expanded in back to make them all 2+2's. Building is larger than tax records state. Copper plumbing, EQ retrofitted, separate meters. 5 garages, could be rented separately. Tenants have all been there forever, lot's of upside in rents. Wide, quiet street 6 blocks to beach. Mills Act landmark status provides apx. 65% reduction in property taxes.
Unit Size
-
Days on Market
-
Land Size
8,876.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Jun 1, 2020 Sold $2,700,000
Sold
Apr 6, 2019 No longer available -
No longer available
Mar 8, 2019 Listed $3,000,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
1,200 ft²
$2,083/ft²
$2,500,000 Mar 1, 2024
-
-
Townhouse
5 Beds
5 Baths
2,952 ft²
$964/ft²
$2,845,000 Apr 12, 2024
-
$80/mo
Townhouse
4 Beds
4.5 Baths
2,622 ft²
$1,066/ft²
$2,795,000 Apr 12, 2024
-
$80/mo
House
4 Beds
5 Baths
3,870 ft²
$852/ft²
$3,299,000 Feb 15, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190308
03/08/2019
Studio
-
-
$3,000,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

601 Garnet Street 601 Garnet Street, Redondo Beach, CA 90277
More about this Building
601 Garnet Street
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About South Redondo Beach


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