634 W Redondo Beach Boulevard, Gardena, California 90247, Gardena, 90247 - bed, bath
ACTIVE$975,000
634 W Redondo Beach Boulevard, Gardena, California 90247
0Bed
0Bath
2,228Sqft
5,551Lot
Year Built
1956
Close
-
List price
$975K
Original List price
$995K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
RS24229302
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $975.0K(25th), sqft - 2228(13th), beds - undefined(50th), baths - undefined(50th).
Don't look further. Great Investment 3 Units property with potential. Conveniently located near 91 freeway exit. DRIVE BY ONLY and offers subject to interior inspection. 1 Unit(1bed/1bath) may deliver Vacant and will bring the possibility to occupy in 1 unit and have other 2 unit rental income to support your mortgage payment. DO NOT DISTURB TENANTS OR WALK IN THE PROPERTY. One Unit with 2bed/1bath and other 2 units with 1bed/1bath each. Separate parking for each unit. Windows are double pane to Reduce Freeway Noise. Long Term Tenants.
Nearby schools
4/10
Amestoy Elementary School
Public,•K-5•0.5mi
5/10
Gardena Elementary School
Public,•K-5•0.7mi
4/10
One Hundred Thirty-Fifth Street Elementary School
Public,•K-5•1.2mi
4/10
Robert E. Peary Middle School
Public,•6-8•1.1mi
3/10
Gardena Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
03/13/03
Sold
$290,000
11/21/01
Sold
$245,000
01/16/01
Sold
$156,500
08/27/98
Sold
$250,000
Condition Rating
Fair
Built in 1956, this property shows its age through outdated interior finishes. The kitchen features dated cabinets, an older gas range (though with a newer stainless steel refrigerator), and older tile flooring. Light fixtures are simple flush-mount styles, and mirrored closet doors are present in bedrooms. While the property appears functional and maintained, with double-pane windows noted as an update, it requires significant aesthetic and functional updates to meet current standards. The overall condition suggests it is livable but has not undergone a major renovation in the last 15-30 years, aligning with the 'Fair' category.
Pros & Cons
Pros
Investment Opportunity: This is a triplex property explicitly marketed as a 'Great Investment 3 Units property with potential,' offering multiple income streams.
Owner-Occupancy Potential: One 1-bedroom/1-bath unit may be delivered vacant, allowing a buyer to occupy one unit while the other two generate rental income to offset mortgage payments.
Convenient Location: The property is conveniently located near the 91 freeway exit, providing easy access for tenants and commuters.
Noise Mitigation: Double-pane windows have been installed to reduce freeway noise, addressing a common concern for properties near major roadways.
Tenant Amenities: Each unit benefits from separate parking, a valuable amenity that enhances tenant satisfaction and property functionality.
Cons
Restricted Access for Due Diligence: The 'DRIVE BY ONLY' and 'DO NOT DISTURB TENANTS' directives severely limit a buyer's ability to conduct a thorough interior inspection before making an offer, increasing risk.
Age of Property & Potential for Updates: Built in 1956, the property is over 65 years old, suggesting potential for outdated systems, deferred maintenance, or significant renovation costs to modernize and maximize rental income.
Freeway Proximity & Environmental Factors: Despite noise mitigation, its location 'near 91 freeway exit' implies potential for ongoing noise, traffic, and air quality concerns, which could affect long-term tenant appeal and property value.