$2,900,000
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1100 Barbara Street Redondo Beach, CA 90277
Cluster
Residence
9
Beds
8
Baths
...
Bed/Bath
4,610
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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We are pleased topresent 1100 Barbara Street, a four-unit apartment building located in the heart of Redondo Beach, CA. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF) and (3) two-bedroom/two-bath units (each over 1,000 SF). Two of th...e four units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. One (1) two-bed/two-bath unit to be delivered vacant. This offering presents an excellent opportunity for either an investor or owner-user to capitalize on strong rental demand and premium market rents in one of the South Bay's most coveted coastal communities with no local rent control and 14% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants. 1100 Barbara Street is available as an individual purchase or part of a larger portfolio that includes 1102 Barbara Street, 1109 Barbara Street, and 1110 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package.
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MLS#
25620429
Property Type
Cluster
Bedrooms
9
Bathrooms
Year Built
1965
Square Feet
4,610
sq. ft
Lot Size
0.15
Stories
2.0
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