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2020 Graham Avenue

Redondo Beach, CA 90278

– beds
– baths
– sqft
15,006 sqft lot
1970 build
– on site

Graham Street is a rear find! Built in 1970’s and held by multi-generational Owners. It sits on a 15,000 sf double lot. And located in one of Redondo Beach’s best residential neighborhoods, north of Artesia and is sought after by tenants that want a quiet, secure, amenity central location. A drive by glance shows stunning Architectural features that include multilevel design garden style complex, with balconies, generous windows, and amenities. Units situated around a serine courtyard that gives many of the occupants garden views and still allows for privacy. Continuous building maintenance and upgrades have been performed with the highest standards. Overtime 10 of the units have been rehabbed w upgrades including remodeled kitchens, tiled baths, flooring, cabinetry, windows and fixtures. Building is approx. 12,000 sf. With living spaces averaging 1,050sf / two beds and 775sf /one beds. with a mix of (6) 2-bed/1-bath units and (1) 2-bed/2-bath units and (5) 1-bed 1-bath. Current rents are staggered and there is an estimated 24% upside in income. Market Cap at Proforma Income is 4.1% Building upgrades: Interlocking paver dive way and garage area, copper plumbing, full laundry, central gas water heater. Building storage space and workshop. 14 parking spaces consisting of tuck under and separate building all have storage. This opportunity offers an investor looking for excellent potential appreciation, long term stabilized tenant base, tax shelter and pride of ownership.

Listed By CRMLS_CA / Ross Moore / Estate Properties / 310-947-6997

Last checked: Checking… • Last updated Jan 16, 2025 •

MLS# SB25001636 —

The Building

Year Built:

1970
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

12056.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

1
Stories Total:

3
Entry Level:

1
Accessibility Features:

None
Common Walls:

No Common Walls
Faces:

North
# of Separate Water Meters:

1
# of Separate Electric Meters:

12

Interior

Features:

Balcony, Copper Plumbing Full, Corian Counters, Granite Counters, Storage
Levels:

Three Or More, Multi/Split
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Community, See Remarks
Laundry:

1

Location

Directions:

Between
Latitude:

33.87913800
Longitude:

-118.37524500

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

RBR-2
Lot Features:

Landscaped, Level
Lot Size Area:

15006.0000
Lot Size Acres:

0.3445
Lot Size SqFt:

15006.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

68
Tax Census Tract:

6205.22
Tax Tract:

B
Tax Lot:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4155006030
Showings Begin:

2025-01-10

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Available, See Remarks, Sewer Connected, Water Available, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Range
Included:

Yes

The Community

Features:

Curbs, Gutters, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned, Covered, Driveway, Driveway - Brick, Driveway Level, Garage, On Site, Workshop in Garage
Parking Spaces:

18.00
Garage Spaces:

18.00

Extra Units

Average 1 Bed Area:

775
Average 2 Bed Area:

1050
Number With Disposal:

12
Number With Dishwasher:

12

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/10/25 Jan 10, 2025	Listed / Active	CRMLS_CA	$6,200,000

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This multifamily located in North Redondo Beach, Redondo Beach, CA 90278 is currently for sale for $6,200,000. 2020 Graham Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 12 days. 2020 Graham Avenue is in the North Redondo Beach neighborhood of Redondo Beach and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Redondo Union High School, Lincoln Elementary School, and Adams Middle School.

Listing Courtesy of: CRMLS_CA and Estate Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Jan 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.