Active

2020 Graham AVE

REDONDO BEACH CA, 90278

$6,200,000


$514.27 per sqft

Active

19 Beds

13 Baths

12,056 sqft

Multi-family

Built in 1970

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.

SB25001636MR

MLS ID

January 10, 2025

Listed

January 16, 2025

Updated

Map

2020 Graham AVE
REDONDO BEACH CA, 90278

Interior Features

Total Stories

3


Bedrooms

19


Total Bathrooms

13


Appliances

Community, Dishwasher, Laundry Area, Other


Laundry Description

Community, Laundry Area, Other


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Sewer

Public Sewer

Other Property Details

Area Name

N. Redondo Beach/Villas North


Days on Market

6


Garage

Yes


Garage Spaces

18


Parking

Assigned, Driveway, Driveway - Brick, Garage


Parking Total

18


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

RBR-2

Listing History

Date

Event

Price

1/10/2025

Active

Listed by Ross Moore with Estate Properties
Listing Contact: 310-937-6388 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Erik Brunken shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/16/2025

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