Incredible opportunity to step into a fabulous-turn-key income-producing property in the heart of east Redondo Beach's "El Nido" neighborhood. This 3,350 sq. foot property with two brand new built homes and remodeled front house is perfect for the investor or landlord that likes low deferred maintenance over the coming years of ownership. Monthly occupied rents are very close to current market value and offer a competitive cap rate. The two New Built Homes to the rear of the lot have mirror layouts and offer a large open "loft-like" first floor area with a modern kitchen, washer and dryer, high-end appliances, great entertainment area and operational solar panels, which lower energy costs. A downstairs bath exudes quality and convenience for family and guests. With tons of light and a bespoke modernistic feel, these units are designed to please. Upstairs, it includes a primary suite with dual sinks in the highly appointed full bath with walk in closet, and the secondary bedroom with an additional highly appointed full bath. Off street parking is plentiful with a generous outside common area. The level of build quality and luxury far exceeds standard rental "expectations" and helps contribute to anticipated competitive rental rates and income longevity. The front house features 2
CL24384815
Single Family, Contemporary, 1 Story
6
Los Angeles
6 Full
1907
0.1378
Acres
1
Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
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