1509 Aviation Blvd $3,850,000

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    1509 Aviation Blvd Redondo Beach, CA 90278

    Closed
    SOLD 5/19/2022

    $3,850,000

    • 0 Beds
    • 0 Baths
    • 5,900 sq. ft.
    • Multi-Family
    • MLS# SB21203659
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    Property Details

    1509-1515 Aviation Blvd, Redondo Beach. This three parcel portfolio offers two newly renovated mixed use buildings and parking located less than 1.5 miles from the Pacific Ocean. It consists of five residential units and two office rentals in the heart of North Redondo Beach. The building was artfully renovated within the last twelve months with over $400,000 in upgrades. Upgrades include new electrical, mechanical, HVAC, appliances, doors, paint, and modern finishes. The beautiful 'owners unit' boasts a large yard, newly landscaped and elevated above street level. The laundry room was also renovated with new electrical, plumbing, water heater, cabinets, two new washers, and two new dryers. Each unit is primed for tenants to enjoy coastal living. The property is 'Very Walkable' with a score of 77/100. Tenants can walk or bike to local restaurants, coffee shops, grocery stores, parks, and the Hermosa Beach Pier. The famous Pacific Coast Highway stretch through Hermosa Beach is less than a mile away and offers even more with gyms, shops, businesses, and restaurants galore. Don't miss out on this opportunity to own a piece of prime California real estate.

    • General Features
      • Buyer Compensation 2.000 %
      • Community Features Urban
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 7
      • Number Of Separate Gas Meters 7
      • Number Of Separate Water Meters 0
      • Number Of Units Total 7
      • YearBuilt 1952
    • Building Features
      • Cooling Wall/Window Unit(s)
      • Fireplace Features Bath,Kitchen,Living Room,Outside,Patio,Electric,Gas
      • Laundry Features Common Area
      • Levels Two
    • Property Features
      • Lot Size Acres 0.25
      • Lot Features Utilities - Overhead
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 8.00

    Neighborhood

    90278 (Redondo Beach) Demographics

    40 Median Age
    11,171 Population Density (per sq. mile)
    67% College Educated
    $116,783 Estimated Median Income
    8,971 Estimated Total Home Owners
    6,341 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    40,252 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,470,000 Median Sales Price
    33 Homes Sold
    57 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $3,995,000 3.77%
        5/19/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $3,850,000
        4/25/2022 10:31:24 AM Status Changed Source: Multiple Listing Service New Value: Pending
        4/4/2022 10:33:51 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        1/12/2022 2:33:06 PM Price Reduced Source: Multiple Listing Service New Value: $3,850,000
        Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/2022 7:02:46 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.