2114 Clark Lane, Redondo Beach, CA 90278
- 9 beds
- 3,571 sqft
other
Built in 1956
7,405sqft lot
—— car garage
$693/sqft
Listed 1 month ago
Property Description
This prime investment opportunity contains a 5.23% Cap Rate and 13.80 GRM. The property is a beautifully renovated 4-unit residential asset in the highly desirable North Redondo Beach location. The asset 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. Additionally, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With el
- Listing Status:
- Active
- Date Added:
- February 26, 2026
- Data Last Updated:
- April 2, 2026 at 4:06AM
- Listing Office:
- Shield CRE, Inc. : 310-593-9869
- Listing Agent:
- Gianluca Jacoli : 310-593-9861
- MLS ID:
- CL26657255
- Parking: AssignedParking spaces: 5
- County: Los Angeles
- Zoning: RBR-24156030005
This listing courtesy of Gianluca Jacoli , Shield CRE, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Birney Elementary School
1600 Green Ln, Redondo Beach, CA, 90278
Grades KG-5
0.30 miles away
Adams Middle School
2600 Ripley Ave, Redondo Beach, CA, 90278
Grades 6-8
0.55 miles away
Redondo Beach Learning Academy
1000 Del Amo St, Redondo Beach, CA, 90277
Grades 9-12
1.31 miles away


