1100 Barbara Street
Redondo Beach, CA 90277
$2,900,000
About This Home
The Property is still available, please reach out to Listing Agent, Nabil Awada. We are pleased to present 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). Three 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) three-bed/two-bath owner's unit will be delivered vacant. (2) two-bed/two-bath units can 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 6% 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 for individual purchase or in conjunction with 1110 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package.
Property Details
Location
Listed by
Nabil Awada
Matthews Real Estate Investment Services
MLS# CLW-C135634
Request Information
Interested in 1100 Barbara Street? We'd love to help.
Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.