Est. cap rate

2.2%

Assumed rent, all units

$6,340/mo

Units

2

Price per unit

$862,500

Est. annual NOI

$38,040

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,700 sqft

Lot size

4,351 sqft

Year built

1958

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

0

MLS #

249025258

About this property

Location, lifestyle, and upside - this South Redondo duplex checks all three boxes. Tucked into an A+ South Redondo Beach location, 506 N Guadalupe offers a compelling opportunity for investors, owner-users, and buyers looking to create something special. Enjoy easy walks to some of the South Bay’s best schools, beaches, local restaurants, shopping, and all the coastal lifestyle perks that make South Redondo so desirable. Each unit features 2 bedrooms, 1 bathroom, a kitchen, a dedicated laundry room and original hardwood flooring throughout. Upgraded windows and a recently installed roof add to the appeal. The front unit also enjoys a large, private, west-facing deck with ocean views, plus peek-a-boo ocean views from interior. Out back, the attached rear unit has its own private backyard. While the property has seen some light updates over the years, much of its original character remains - leaving plenty of room to add value, bring your vision to life, and make the most of this prime location. With one unit currently vacant, the possibilities are even more inviting. Two units. A coveted location. Plenty of potential. Come see what you can make of it!

Location

506 N Guadalupe Avenue

Redondo Beach, Los Angeles, CA, 90277