ApartmentRedondo Beach (United States)

Price :

$2,250,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms8 bathrooms8

This beautifully refreshed four-unit property offers a range of modern updates and is an attractive option for both cash-flow investors and owner/users. Each unit features: Front Unit (Townhome style): 3 bedrooms, 2.5 bathrooms, two-story layout, double garage. Rear Building Units: Unit 1: 2 bedrooms, 2 bathrooms Unit 2: 2 bedrooms, 1.75 bathrooms Unit 3: 1 bedroom, 1 bathroom, three garages servicing the rear units Upgrades: Fresh paint throughout the property, new vinyl fencing, new garage doors and motors, installation of new artificial turf, newly rebuilt balcony walkway, recent roofing upgrades. Leases: All leases are month-to-month, offering flexibility for potential rent increases and future adjustments. Location: Minutes from King Harbor, which offers: restaurants, seafood markets, shopping, entertainment options, fishing, whale watching, water sports, etc. One block from Redondo Village Center featuring: Von’s market, additional dining options. Investment Potential: Significant rental upside potential due to month-to-month leases and desirable location. The variety of unit sizes and amenities cater to a broad tenant base. This property is an excellent opportunity for an investor looking to generate rental income or for an owner seeking a residence with additional rental units to offset costs. Its proximity to local attractions and amenities enhances its appeal and potential for future value appreciation.