Leo Nordine

Has Sold Over 5400 Properties Nordine Commercials Nordine Commercials

Offered at: $3,000,000

601 Garnet Street Redondo Beach, CA

  • Beds7
  • Baths5 Sq Ft4816
  • TypeResidential Income
  • StatusAvailable
  • Lot Area8876 sq. ft.
  • Year Built1926

 One of a kind trophy, historic landmark #107 (“Drobatz Grocery and Apartments”). 4 owners since built. 8876 sq.ft. corner lot with 180′ of street frontage. House-like units with 9′ to 12′ ceilings, large front patios with ocean/P.V. views and rear doors opening to large grass backyards, dining rooms, skylights, laundry rooms, hardwood floors, plaster walls, lots of built-ins and character. 2 bed owners unit has windows on 3 sides, formal dining + breakfast rooms and 2 decks, and could be delivered vacant. Lower unit is huge, 2+ beds, with 12′ ceiling; could be converted to New York style loft or back to commercial. The three 1 beds could be expanded in back to make them all 2+2’s. Building is larger than tax records state. Copper plumbing, EQ retrofitted, separate meters. 5 garages, could be rented separately. Tenants have all been there forever. 50% potential upside in rents. Wide quiet street 6 blocks to beach. Landmark status provides apx. 65% reduction in property taxes.

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Sales 310.379.8800