Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
4,610
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 the 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.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Parking
Attached, Garage
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1499
-
Property Type
Residential Income
Price
-
Sales Price
$2,900,000
-
Sq. Footage
4, 610
-
Price/SqFt
$629
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Nabil Awada , Matthews Real Estate Investment Services
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