2013 Rockefeller Lane

Redondo Beach, CA 90278

Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean | Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units | 4.76% Cap Rate & 14.42 GRM | 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | New Cool Roof | 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf | New Fascia, Gutters & Exterior LED Lights | Most Electrical Panels Replaced New Copper Water Line | Total of 10 Garages | Laundry Room with Newer Machines | Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach

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