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2220 Huntington Lane 4, Redondo Beach, California 90278, Redondo Beach, 90278 - bed, bath

2220 Huntington Lane 4, Redondo Beach, California 90278 home-pic-0
ACTIVE$2,395,000
2220 Huntington Lane 4, Redondo Beach, California 90278
0Bed
0Bath
4,917Sqft
7,500Lot
Year Built
1973
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
SB24142012
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $2.40M(93th), sqft - 4917(86th), beds - undefined(50th), baths - undefined(50th).

2220 Huntington Ave in Redondo Beach, CA, presents an exceptional investment opportunity for potential buyers. This four-unit property boasts an impressive 4,917 square feet of living space, ensuring ample room in each unit. The first unit consists of three bedrooms and two bathrooms. The other three remaining units have a two bedroom and two bathroom floor plan. This property is a true gem in the South Bay area, known for its desirable coastal living and vibrant community. Its prime location in Redondo Beach ensures easy access to local amenities, schools, parks, and the beach, making it an attractive option for tenants and a high-demand rental market. Investors will find this property to be a sound addition to their portfolio, with its blend of modern upgrades, prime location, and ample living space. Don't miss out on this rare opportunity to own a premier multi-unit property in one of the most sought-after areas of the South Bay. Please do not disturb the tenants. For more information and showings, contact the agent.

Nearby schools

9/10
Birney Elementary School
Public,•K-5•0.3mi
8/10
Washington Elementary School
Public,•K-5•0.4mi
8/10
Jefferson Elementary School
Public,•K-5•0.8mi
8/10
Adams Middle School
Public,•6-8•0.4mi
8/10
Parras (Nick G.) Middle School
Public,•6-8•1.7mi
8/10
Redondo Union High School
Public,•9-12•1.8mi
Condition Rating
Fair
The property was built in 1973, making it over 50 years old. While the listing mentions 'modern upgrades,' the visible interior photos suggest these updates are not recent. The kitchen features light-colored, flat-panel cabinets, speckled laminate or low-grade granite countertops, and white appliances (electric range, microwave, refrigerator) that appear functional but are stylistically dated, likely from a renovation 15-25 years ago. The living/dining area has light-colored carpet and a very dated brass chandelier. No bathroom images are provided, but it's reasonable to assume a similar level of dated functionality. The exterior also retains its 1970s aesthetic. The property appears maintained and functional, but many components are outdated and would require minor updates to meet current quality and style standards.
Pros & Cons

Pros

Great Schools: Elementary School: Birney Elementary School (9/10).
Exceptional Investment Opportunity: Explicitly marketed as an 'exceptional investment opportunity' and a 'sound addition to an investor's portfolio,' indicating strong potential for return in a high-demand market.
Prime Redondo Beach Location: Situated in a highly desirable South Bay area, offering coastal living, a vibrant community, and convenient access to amenities, schools, parks, and the beach, contributing to a high-demand rental market.
Multi-Unit Income Property (Quadruplex): As a four-unit property (quadruplex), it provides diversified income streams and potentially higher rental yield compared to single-family residences, enhancing investment stability.
Spacious & Desirable Unit Mix: Boasts 4,917 sqft of living space across four units, including one 3-bedroom/2-bathroom unit and three 2-bedroom/2-bathroom units, appealing to a broad tenant base.
Strong Rental Market Demand: The property's location in Redondo Beach is noted for its 'high-demand rental market,' suggesting consistent occupancy and robust rental income potential for investors.

Cons

Age of Property (1973): Built in 1973, the property is over 50 years old, which may imply potential for aging infrastructure (plumbing, electrical, roof) and higher maintenance costs, despite mentions of 'modern upgrades.'
Tenant Occupied & Restricted Access: The instruction 'Please do not disturb the tenants' indicates limited access for thorough pre-purchase inspections and due diligence, and existing leases could impact immediate operational changes or rent adjustments.
Lack of Specific Upgrade & Amenity Details: While 'modern upgrades' are mentioned, the description lacks specific details on what has been upgraded and does not mention crucial amenities like parking or laundry, which are important for tenant appeal and property valuation.

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