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Map
$4,451,710*
●
Multifamily -
Off Market
601 Garnet Street
Redondo Beach, CA 90277
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Townhouse
5
Beds
5
Baths
2,952 ft²
$964/ft²
$2,845,000
Apr 12, 2024
-
$80/mo
Active
Townhouse
4
Beds
4.5
Baths
2,622 ft²
$1,066/ft²
$2,795,000
Apr 12, 2024
-
$80/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
03/08/2019
|
|
Studio
|
-
|
-
|
$3,000,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
About South Redondo Beach
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