$1,400,000
715 Beryl ST
Redondo Beach, CA 90277
—
Beds
—
Baths
4,639
Square feet
1926
Built
Listing narrative
Description
715 Beryl Street presents an exceptional investment opportunity in the highly desirable coastal community of Redondo Beach. Offered at $1,400,000, this well-located duplex features two spacious units consisting of (1) 2-bedroom/1-bathroom and (1) 3-bedroom/1-bathroom, totaling approximately 2,000 SF on a 4,639 SF lot. Both units are currently vacant, presenting a rare opportunity for an investor to immediately lease the property at market rents or for an owner-user to occupy one unit while generating rental income from the other. With projected annual rental income of $144,000 and an attractive 8.24% pro forma cap rate, the property offers strong income potential from day one. Ideally situated in the heart of Redondo Beach, just minutes from the coastline, local dining, shopping, and entertainment, 715 Beryl Street combines a desirable South Bay location with the flexibility of two vacant units and significant long-term investment appeal. An outstanding opportunity to acquire a fully vacant coastal duplex with immediate income potential!
Property Details
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Price
$1,400,000
Beds
Beds n/a
Type
Condo
Home Size
4,639 sqft
Baths
Baths n/a
Lot Size
0.11 acres
Year
1926
Status
For Sale
Days on Market
16
$ / Sqft
$302
Courtesy of Lyon Stahl Investment Real Estate, Inc.






