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2204 Carnegie Lane

Redondo Beach, CA 90278

– beds
– baths
– sqft
7,494 sqft lot
1957 build
– on site

Come see this turnkey 4-unit apartment complex in a great neighborhood with award winning schools! Imagine living in one of the units with a preferred owner-occupancy interest rate, while collecting rents from the other three units! Each of the four 2-bed, 1 bath units are in nearly identical condition and have the same open floorplan with a combined kitchen/dining/living room. They have updated kitchens and baths with stone counters, stainless steel appliances and fixtures, tile and vinyl floors, vinyl windows, private laundry in the hall, and access to their own private patio through the kitchen door for west-facing sun. There is parking for 8+ vehicles, including the (4) partitioned 1-car garages. A common bricked yard and storage compartment is located at the rear of the lot - an opportunity for a shared grill, bike rack, etc. There's some upside potential for increased rents when the 3 leases expire. Gross annual income of $122,000. NET annual income of $86,400 and a 3.84% CAP.

Listed By CRMLS_CA / Alex Smith / eXp Realty of California Inc / 4242593830

Last checked: Checking… • Last updated Apr 22, 2025 •

MLS# SB25084640 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1957
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Drywall Walls, Stucco
Building Area Total:

2904.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Foundation:

Slab
Stories Total:

1
Entry Level:

1
Accessibility Features:

No Interior Steps
Common Walls:

2+ Common Walls
Faces:

North
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Features:

Ceiling Fan(s), Quartz Counters, Unfurnished
Levels:

One
Entry Location:

East side
Window Features:

Blinds
Flooring:

Tile, Vinyl
Room Type:

Kitchen, Living Room, Main Floor Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

From Artesia, head south on Rindge, then east on Carnegie. Bldg is on south side of the street.
Latitude:

33.87068300
Longitude:

-118.37223400

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

RBR-3
Lot Features:

Landscaped, Rectangular Lot, Level
Lot Size Area:

7494.0000
Lot Size Acres:

0.1720
Lot Size SqFt:

7494.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Exclusions:

Tenants' personal effects
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Other Structures:

Shed(s)
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

26
Tax Census Tract:

6206.01
Tax Tract:

8060
Tax Lot:

10

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

4157012010

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas Range, Gas Water Heater, Range Hood, Refrigerator
Included:

Yes

The Community

Features:

Biking, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned, Driveway, Concrete, Garage Faces Front, Garage Door Opener
Parking Spaces:

8.00
Garage Spaces:

4.00
Uncovered Spaces:

4.00

Extra Units

Average 2 Bed Area:

726
Number With Disposal:

4
Number With Dishwasher:

4
Number With Refrigerator:

4

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
4/21/25 Apr 21, 2025	Listed / Active	CRMLS_CA	$2,250,000

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This multifamily located in North Redondo Beach, Redondo Beach, CA 90278 is currently for sale for $2,250,000. 2204 Carnegie Lane is a – square foot multifamily with – beds and – baths that has been on Estately for 4 days. 2204 Carnegie Lane is in the North Redondo Beach neighborhood of Redondo Beach and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Adams Middle School, Birney Elementary School, and Redondo Union High School.

Listing Courtesy of: CRMLS_CA and eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 15:19 on Apr 25.

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.