USACARedondo Beach2114 Clark Ln
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$2,475,000

For Sale

5 days ago

2114 Clark Ln, Redondo Beach, CA

MLS® 26657255

9 Bed

6 Bath

3571 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3571 sqft
Garage No
HOA Fees 
Taxes 
Days Active 5
Approx. Age 1956
Avg. Price Per Sqft $693
MLS® Number 26657255

Property Address: 2114 Clark Ln, Redondo Beach, CA, 90278-4302

Average square foot calculated using Size range provided by listing agent.

Description

This prime investment opportunity features a beautifully renovated 4-unit residential asset in the highly desirable North Redondo Beach location. The property consists of a triplex plus a newly constructed detached 3-bedroom/2-bath ADU. The asset contains an outstanding unit mix of a 3-bedroom/2-bath house with private yard, a 3-bedroom/2-bath ADU, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit. All units have been thoughtfully upgraded with modern kitchens and bathrooms, and each unit contains new Whirlpool washers and dryers. The property has undergone capital improvements including new roofs, new windows and copper plumbing upgrades. Situated on a large 7, 500-SF lot with 5 parking spaces, the property also boasts excellent curb appeal with fresh exterior paint, stucco repairs, and new lighting completed in 2024. Ideally located near Hermosa Beach Pier, Pier Avenue, King Harbor, and the Redondo Beach Pier, the asset offers tenants convenient access to premier coastal dining, shopping, and recreation. This residential property presents a compelling owner-user opportunity while also delivering strong in-place financials, including a 4.88% current cap rate and 13.80 GRM. Additionally, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With eligibility for attractive 1-4 unit residential financing, this turnkey asset represents a rare opportunity to acquire a stabilized asset in a highly sought-after location.
MLS® Number26657255
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1956
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$2,475,000List Price
  • Commute

Commute

Starting Address
Destination Address
2114 Clark Ln, Redondo Beach, CA

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