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218 Ruby Street

Redondo Beach, CA 90277
  • $1,595,000
  • STATUS: ACTIVE
  • ON SITE: 4 days
  • ID#: SB21158111
New On Site 4 Days Ago
$1,595,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $886
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1949
County:

School Ratings & Info

Description

218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements. 218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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218 Ruby Street Redondo Beach, CA 90277

  • Price: $1,595,000
  • Status: ACTIVE
  • ID#: SB21158111
4
Beds
2
Baths
0
½ Baths
0.12
Acres
1,800
SQFT
$886
$/SQFT
1949
Built
Neighborhood:
Redondo Beach (90277)
County:
Los Angeles
Area:
Redondo Beach (90277)
Property Description
218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements. 218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.
Exterior Features

Lot Size 4000-7499 SF Parking Non Garage Description Driveway Parking Spaces Total 0 Patio N/K Pool N/K Residential Styles Townhome Residential Unit Location 1 Common Wall Roof Flat Site Corner LotEasement AccessSidewalks Spa N/K View N/K

Interior Features

Bath Totals 2 Bedrooms Total 4 Cooling N/K Fireplace N/K Floor Coverings CarpetWood Laundry Location Outside Searchable Rooms All Bedrooms DownAll Bedrooms Up Stories 2 Story

Property Features

Architectural Style Mediterranean/Spanish Assessments Special Assessments Home Owners Fees 0.0 Property Condition Fixer Sewer Septic Public Sewer Terms Exchange Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Public Zoning Rbr-3A

Listing provided courtesy of Vista Sothebyãƒâ¢Ã¢Â€Šâ¬Ã¢Â€Žâ¢S International Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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