What yield can you expect from South Bay Residential Investment Property

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south bay investment propertyYou’re now an investor.  You don’t want to buy property out of the area because you believe you want to own residential investment property close by to keep an eye on it.  You know that South Bay Investment Property is high in demand and appreciates well so you’re realistic to the point of knowing that the yield you can expect won’t be the same as higher yield areas such as the midwest but you know that your property here in the Beach Cities such as Redondo Beach, Manhattan Beach, Hermosa Beach and South Torrance will appreciate in value at a rate much, much higher than in other areas of the country.  What yield can you expect from South Bay Residential Investment Property?

That’s what this site serves to help with.  The google map with the pins was created on 11/18/2016 and represents those 3-4 unit South Bay Residential Income Property sales in the last few months.  The cap rates are NOT that what was represented by the seller agents but rather the cap rates calculated by me using strict conservative estimates and as such are much more realistic.  In addition, there is a REAL TIME component to this site in that the list of active and available South Bay Investment Property listings depicted below, will update each time you visit the site so bookmark the site and let me know if you’d like to discuss the merits of owning any of these South Bay income properties (youtube video)

South Bay Residential Investment Property Yield

View Beach Cities Residential Income Property in a full screen map

The map above shows those SOLD properties in the last few months (I chose SOLD Residential Investment Property so you can see what actual buyers invested in). The color coding sorts by yield. Click a location to bring up details. And below is a real time list of investment property, in the South Bay

* Separate multiple values with comma.

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2611 Artesia Boulevard Redondo Beach, CA 90278

$895,000
-- Units
Status Active
MLS # 317004244
Property Type Multifamily
Unique Opportunity to live and work in the same space. Store-front retail space on busy Artesia Blvd! Perfect for any business requiring foot traffic. 2 bed, 2 bath home on same lot with upgraded living room and kitchen. Detached bonus room, and large yard. Zoning : RBC-2

1712 Harriman Lane Redondo Beach, CA 90278

$975,000
2 Units
Status Active Under Contract
MLS # SB17076846
Property Type Multifamily
2 separate homes on 50 x 150 south facing lot located on a Cul De Sac. Rear is a 2 bedroom 1 bath with 2 car garage and its own driveway. Front house is a 3 bedroom 1 bath and one car garage. Subject to court approval. Lots of potential to either build or rehab.

2707 Rockefeller Lane Redondo Beach, CA 90278

$1,150,000
2 Units
Status Active
MLS # SB17018756
Property Type Multifamily
Ideal corner lot in North Redondo - build 3 units/townhomes. Value is in the land. Buyer must cooperate with seller's 1031 exchange. Subject to inspection only. Buyer to verify with City of Redondo Beach all information

1935 Mathews Avenue Redondo Beach, CA 90278

$1,225,000
2 Units
Status Active
MLS # SB17051506
Property Type Multifamily
DUPLEX 2- 2BEDROOMS/ SEPERATE LAUNDRY ROOM WITH WASHER AND DRYER/ SEPERATE 2 CAR GARAGE/ LARGE YARD/ GREAT CORNER LOT/ BUILD TWO TOWNHOMES

1430 Bonnie Brae Street Hermosa Beach, CA 90254

$1,295,000
2 Units
Status Active Under Contract
MLS # 17213058
Property Type Multifamily
-3,795-SF Lot North of Hermosa Beach Pier -Consists of a 2-Bedroom/1-Bathroom House & Studio/1-Bathroom Detached Unit in the Back -Perfect for Owner User, Passive Investor, or Developer -Close to 120% in Rental Upside

2518 Gates Avenue Redondo Beach, CA 90278

$1,350,000
3 Units
Status Active
MLS # SB16752201
Property Type Multifamily
Three Units on 7500 sq ft Lot in Desirable N.Redondo Area, R-3 zone, freshly painted, remodeled kitchen in rear 3 bedroom house, w/New cabinets, white Quartz stone counter, new Lino, hardwood flooring under carpet, fireplace, spacious master bedroom, private patio, w/2 car garage, this unit is vacant for easy show. The upper one bedroom unit has open spacious floor plan and a city view off deck, Separate front house is 2/1 w/New tenant and new rent of $2,000/mo. Good income with units seldom vacant over several years. Close to Galleria shopping, beach, easy freeway access, and Northrup Grumman. Open for Rear House Only.

221 S Helberta Avenue Redondo Beach, CA 90277

$1,350,000
2 Units
Status Active
MLS # SB17029791
Property Type Multifamily
2 on a lot. Front House: 2 bdrm., 1.00 bath. Old Craftsman style. Wall furnace. Newer roof with final permits dated 4/1/2014. Rear Unit: Newer frame and stucco. Built over 3 1-car garages plus laundry room. Roof is OK and has a little ocean view out the back. New drain line installed to the street approximately 15 years ago. Deck was replaced approximately 10 years ago. Zoned RBR-3. Ideal development project. Front house has a historical designation with a B' rating. Owner-user friendly. The property needs work.

129 W Palm Avenue E El Segundo, CA 90245

$1,350,000
2 Units
Status Active Under Contract
MLS # TR17103824
Property Type Multifamily
Great opportunity for investors, prime lcation!! nice front house is currently leased for $2,200/mon (potential of $2.600) a room next to the he detached garage is currently leased for $500/mon (potential $800), Near parks, schools, shopping centers, LAX, freeways. This property can be redeveloped into 4 units condos, tentative plan has been approved, the proposed density is one-unit appox. 1,676 sqft (total of 6,702sqft) , 4 garages with total of 8 parking spaces. Plan is for a underground parking with 2 stories building above the deck. Final map, wo k drawing, landscape design, CC&R are all pad for and in process.

25203 Weston Road Torrance, CA 90505

$1,550,000
2 Units
Status Active
MLS # SB16192189
Property Type Multifamily
Great Income property located in the well sought after Walteria area! Unit 25203 has 3 Bedrooms and 2 Bathrooms, Great layout throughout and the unit includes Washer and Dryer hook ups. Unit 25205 (Upstairs unit) has 2 Bedrooms and 2 Baths, Carpet and laminate hardwood floors, laundry hook ups are next to unit 25203's Garage. Both units come with a 2 car Garage. A MUST SEE!

2318 Carnegie Lane Redondo Beach, CA 90278

$1,625,000
4 Units
Status Active Under Contract
MLS # SB17107005
Property Type Multifamily
This 4 unit apartment building on a one-way street on a very desirable street in North REDONDO BCH/ VILLAS SOUTH. Very close to Manhattan Beach and walking distance to the many dining and shopping options on Artesia Blvd. This building offers an excellent unit mix- 1 Free standing 3 Bedrooms + office 1 bath house with front grassy yard, and a three unit mix building in the rear which consists of (2)- 2 Bedroom / 1 Bath units and (1) - 1 Bedroom / 1 Bath unit. There are four single car garages as well with a patio area. There is also a laundry room onsite and a large driveway on this 50 X 150 lot. One of the two bedroom units has just been renovated new kitchen and bath/ hardwood floors refurbished. There is tons of rental upside! Please drive by only do not walk the property or disturb any of the current tenants.

622 S Pacific Coast Redondo Beach, CA 90277

$1,649,000
3 Units
Status Active
MLS # SB17098298
Property Type Multifamily
Beautifully upgraded triplex located just blocks to the beach and Riviera Village and Redondo Beach Pier! This investor’s dream consists of two 2 bedroom 1 bath units, and one 1 bedroom 1 bath unit. Each unit has its own refrigerator, washer, dryer, stainless steel kitchen appliances and a garage parking spot along with additional 4 spaces available in uncovered parking next to the garage. Besides all of these great features for the tenant, the complex also is beautifully landscaped and fully occupied!

912 S Juanita Avenue Redondo Beach, CA 90277

$1,695,000
2 Units
Status Active
MLS # SB17082034
Property Type Multifamily
This prime South Redondo duplex is located squarely between Avenue A & B only blocks to the beach! The property is a spacious duplex offering potential owners plenty of long term flexibility. The front house has 3-bedrooms and 2-bathrooms with a huge loft and sweeping panoramic ocean views! The back duplex has been converted and completely remodeled into a spacious 4-bedroom, 2-bathroom unit with stone counter tops, new flooring and a new stacked washer/dryer unit. Additionally, there are three private one car garages off the rear alley. This property is perfect for the savvy investor interested in maximizing cash flow, the potential developer looking to build on this R3 lot, or the owner-user interested in the beach lifestyle and award winning schools.

20414 Osage Avenue Torrance, CA 90503

$1,700,000
4 Units
Status Active Under Contract
MLS # SB17045300
Property Type Multifamily
BACK ON MARKET! ALL OFFERS WILL BE REVIEWED ON 5/19/17, PLEASE WRITE OFFERS ACCORDINGLY (with proper dates). Call or e-mail Jen for a showing ASAP! First time on the market in over 20 years! Lovely 4 unit property. The front house is a Large 3BR 2BA house, great for a family or a live in investor. The back building has 2 2BR 2BA units and 1 1BR 1BA unit. Each unit gets 1 parking space, shared laundry room and place for storage in the garage. This is an investors dream! Leave the property as is and get your tenants in, or spruce up the place with some TLC to make it just how you want it. No sign on property - do not disturb occupants & do not walk onto the property. Current rents are below market, 2 are vacant. Property being sold in as-is condition.

458 Longfellow Avenue Hermosa Beach, CA 90254

$1,775,000
2 Units
Status Active
MLS # SB17075768
Property Type Multifamily
Great North Hermosa Beach duplex situated on a 30’ x 70’ corner lot. The current unit mix consist of a one and two-bedroom unit. Includes plans designed by local architect, Larry Phea, to build a 2584 square foot custom home. The plans feature a large roof top deck and 25’ ceilings in the main living area. This is a great opportunity to build just 4 blocks from the beach in a premiere location.

1206 Agate Street Redondo Beach, CA 90277

$1,980,000
4 Units
Status Active
MLS # SB17114847
Property Type Multifamily
Great investment property in South Redondo situated at the end of a quiet street. 4 units in total, the front unit is a detached 3 bedroom 2.5 bath thats undergone a fair amount of updates new countertops flooring etc. In the back there are (2)2 bedroom 2 bath units along with a 1 bedroom 1 bath unit. Each unit is individually metered, has its own garage and the entire building is electric. One of the 2 bedroom 2 bath units has been fully updated. The owner has done an excellent job maintaining all the units in the complex She recently put in new windows throughout the complex and has never let any issues drag on without addressing them quickly. Rental income is high in the area this is a great investment opportunity sure to sell quick!

317 11th Street Manhattan Beach, CA 90266

$1,980,000
2 Units
Status Active Under Contract
MLS # SB17074828
Property Type Multifamily
One of The Last Undeveloped Ocean View South Facing Corner Walkstreets in Downtown Manhattan Beach!! This is the Opportunity to Build Your Dream Home in The Heart of the Downtown Manhattan Beach Sand Section or Keep as an Ideal Owner/User Investment!! Vintage Beach Style Duplex with Modern Day Upgrades Throughout Including Newer Dual-Paned Windows, Recessed Lighting, Hardwood Floors, Granite Counters, Custom Cabinets and Stainless Steel Appliances!! Enjoy Your Desirable Ocean View Walkstreet Yard!! Ultimate Prime Location, Steps to the Surf, Pier, and World-Class Restaurants and Shops!!

1240 Agate Street Redondo Beach, CA 90277

$1,999,000
4 Units
Status Active
MLS # SB17063529
Property Type Multifamily
Great 4 plex in South Redondo.This property is ideal for owner user.The front house is 4 bdrms, two bathrooms.One bed and bath downstairs.Living room with fireplace, separate dining room and glass enclosed sunroom next to the kitchen.Full 2 car garage,laundry hookups, driveway and front enclosed patio.The other 3 units are in the back of the building with their own one car garages and their own coin-op laundry(for additional income).There are (2) 2bdrm/2ba and (1) 1bdrm/1ba units.Perfect location, within walking distance to shops, restaurants, markets, large park, dog park and Award winning Redondo Beach Schools.Low maintenance all electric building.Excellent location, wide single loaded street with plenty of parking, close to freeways.ABSOLUTELY do not disturb tenants.

445 Longfellow Avenue Hermosa Beach, CA 90254

$2,000,000
2 Units
Status Active
MLS # 17215712
Property Type Multifamily
Unique opportunity! Hermosa Duplex recently upgraded. Owner's unit comprised of a 2Bd/ 2Ba with an enormous upstairs loft area including a Master Bathroom with new tile and glass enclosed shower. Mid-century style fireplaces on each level. Remodeled kitchen, new hardwood flooring throughout. Live in the owner's unit and rent out the 1Bd/1Ba front unit! 2 Car garage, each with separate stalls and space for storage. 2,458 Sq ft lot (BTV) with back alley access. Great development potential!

1915 Marshallfield Lane Redondo Beach, CA 90278

$2,025,000
4 Units
Status Active Under Contract
MLS # SB17073964
Property Type Multifamily
CHARMING FOUR UNIT INVESTMENT OPPORTUNITY IN ONE OF THE MOST DESIRABLE PLACES TO LIVE IN THE COUNTRY WITH SIGNIFICANT UPSIDE IN RENTS (40%+/)!! The outstanding unit mix consists of one 3 Bed/1.5 Bath unit, two 2 Bed/1.5 Bath units, and one 2 Bed/1 Bath unit. All units are extremely spacious town-home style that feature either patios or balconies. Additionally, each unit has its own garage parking spot(s) and there is an onsite laundry room available for tenant's convenience. This property is perfect as a lucrative real estate investment, owner/user opportunity or terrific 1031 exchange upleg.

2704 Ruhland Ave. Redondo Beach, CA 90278

$2,050,000
4 Units
Status Active
MLS # RS17025214
Property Type Multifamily
Offering a well maintained property building in a great location of Redondo Beach, CA with three individual one-car garages and a 2 car garage for the owner's unit. Each unit has an individual patio and sundeck. Just minutes from the beaches of Hermosa and Manhattan beach, shopping center the (South Bay Galleria) and the freeway 405. This property is ideal for Owner-Occupant or Investors with a desire to invest in a beach property. Redondo Beach also has CA Distinguished school. All units have their own electrical individually metered. This building has a central gas hot water heater and laundry facility. 3 bdrm/1.5 bath town-home, Approx. 1500 SF 2 bdrm/1.5 bath town-home, Approx. 1200 SF 2 bdrm/1.5 bath town-home, Approx. 1200 SF 2 bdrm/1.5 bath town-house, Approx. 1200 SF

2215 Mathews Avenue Redondo Beach, CA 90278

$2,075,000
4 Units
Status Active
MLS # SB17047516
Property Type Multifamily
Perfect for the Owner-Occupier or Investor!!! Super charming 4-Plex in the heart of North Redondo....walking distance to shops and restaurants and across the street from a large parking lot to help with neighborhood parking overflow. On a quiet one-way street with easy access to Redondo, Hermosa, Manhattan, and freeways for your commute. Let's not forget about the Award Winning Redondo Beach School District helping to boost those rents up! Well kept and cared for complex with 2 large 2 car garages and a wide driveway so every unit gets a spot in the garage and a spot in the driveway. This single building quadplex boasts a large enclosed yard for pets or outdoor entertaining and cook outs. Two of the units have laundry hookups and 3 out of 4 units have been completely and tastefully remodeled. It's an R3 zoned 50x150 lot. Great income potential here....do not miss out! PLEASE DRIVE BY ONLY....DO NOT WALK THE PROPERTY OR DISTURB ANY OF THE TENANTS.

1712 Prospect Avenue Hermosa Beach, CA 90254

$2,200,000
2 Units
Status Active
MLS # SB17088091
Property Type Multifamily
Ocean Views from both of these classic 1950's homes located at a high point in the Hermosa Beach hills. Both the cottage and main home radiate charm with their wood beamed ceilings, decks and fireplaces. The main home with its high ceilings and generous room sizes has a back yard with lanai perfect for the family or entertaining. The cottage also lends itself to outside entertaining with its own private deck with ocean views. The homes are located close to Hermosa View School and a small park.

3104 Highland Avenue Manhattan Beach, CA 90266

$2,299,000
2 Units
Status Active
MLS # SB17048543
Property Type Multifamily
Located a block and a half from the beach, this ocean & Malibu view duplex is positioned between the surf and the sophisticate neighborhoods of Manhattan Beach. Casual entertainment and dining are next door in hip North Manhattan Beach. Excellent upscale dining and exclusive shopping are close by in Downtown Manhattan Beach. You can have reliable income and appreciation with this ideally located rental property…Or build your dream home in the heart of one of the country’s most desirable beach cities. • Upstairs Unit is 2 Bedrooms/2 Bathrooms • Downstairs Unit is 1 Bedroom/1 Bathroom • Laundry Room in each unit

306 29th Street Hermosa Beach, CA 90254

$2,395,000
2 Units
Status Active
MLS # SB17052149
Property Type Multifamily
1927 Spanish Colonial Revival 2 bedroom Bungalow with all the original details features large living room with fireplace, separate dining room, charming kitchen, period bath and hardwood floors plus detached ocean view 1 bedroom apartment over 2 car garage. Situated mid-block on one of Hermosa’s most desirable north-end drive streets, this full street to alley lot offers the potential to build a grand ocean view home. .

500 N Helberta Street Redondo Beach, CA 90277

$2,395,000
8 Units
Status Active
MLS # SB17104910
Property Type Multifamily
Only the 3rd 8 unit property to be offered for sale on the MLS in South Redondo Beach in the past 36 months - That's 3 YEARS. While needing a bit of TLC, this property offers a perfect opportunity for the investor to rapidly build equity by making improvements. Excellent unit mix (2 2/1, 4 1/1 & 2 0/1), copious parking (7 garages spaces and 6 pad spots) and “real” quantifiable upside in rents. Centrally located in South Redondo Beach, with some ocean views, and a variety of shopping, dining and recreational attractions - Redondo & Hermosa Beaches, King Harbor, Starbucks, Whole Foods shopping center, etc... etc... Helberta/Diamond is a once in a lifetime opportunity for the savvy investor. This property is a Trust Sale and is priced for immediate sale. Please do not disturb our residents.

413 24th Place Hermosa Beach, CA 90254

$2,399,000
2 Units
Status Active
MLS # SB17116023
Property Type Multifamily
Perfectly situated on one of the most coveted blocks in the North Hermosa Beach sand section. Coastal Chic 4 Bedroom, 2.5 Bath, 2,850 s/f residence plus a separate 2 bedroom, 1 bath 700 s/f guest/rental unit. The main house offers an open concept floor plan on the entry level with soaring ceilings, spacious living, family and dining areas, two fireplaces, remodeled half bath, hardwood flooring and recessed lighting. The beautifully remodeled kitchen features quartz counter tops, subway tile backsplash, a warming drawer, miele oven and a convenient breakfast bar. French doors open to separate rear patio areas for quiet evenings or afternoon entertaining and the private terraced rear yard is surrounded by mature lush greenery. Situated on the second floor, the huge master bedroom is your own private retreat with a sitting area, office/studio (4th bedroom) a large private balcony, and remodeled ensuite bath. Also on this level are two additional bedrooms and a completely remodeled full bath. Room to park six vehicles with a 3 car garage and a large drive way for additional off street parking. Walking distance to the beach, close to area schools, parks, restaurants, shopping, hiking trail, and everything that comes with the coveted Hermosa Beach lifestyle!

118 Kelp Street Manhattan Beach, CA 90266

$2,499,000
2 Units
Status Active
MLS # SB17077520
Property Type Multifamily
This stunning El Porto duplex just underwent a complete remodel, right down to the studs! The entire exterior facade was redesigned to create new windows for panoramic ocean views from just about every room in the building. With light col finishes, glass balcony railings, and wood sidings, the property fits right in with the ultra-sleek and modern beach style popular in Manhattan Beach. The interior was completely redesigned with an open floor plan and all built in Thermador appliances. There is brand new cooling and heating, all new electrical and plumbing, and the bathrooms feature Duravit vanities. Both units have plenty of storage with custom built in cabinets in each room. The new big windows allow 180 degree views from PV, to Catalina, all the way up the coast to Malibu.

1251 Prospect Avenue Hermosa Beach, CA 90254

$2,499,999
4 Units
Status Active
MLS # SB17089224
Property Type Multifamily
HUGE PRICE REDUCTION!!! Price just reduced $300,000. Bring all reasonable offers ASAP. The subject property is a 4 unit apartment building located at 1251 Prospect Avenue in Hermosa Beach. The property is ideally located off Aviation Boulevard allowing easy access to the 405 freeway yet a short bike ride to the beach. The Hermosa Beach Pier is a mere 6 blocks away! The unit mix consists of 1-3BR/2BA and 3-1BR/1BA. There have been many capital improvements including a replaced roof and copper plumbing. There is a small patio in the rear for the tenants to enjoy and 3 of the 4 units have hardwood floors. There is ample onsite parking (garages) which is a premium for the area. The property was originally built in 1959, them total building square footage is 3,180 and it sits on 4,721 square foot lot. 1251 Prospect Avenue represents the perfect opportunity for an owner/user or investor looking to acquire multi-family in a prime South Bay neighborhood.

1820 Manhattan Avenue Hermosa Beach, CA 90254

$2,500,000
2 Units
Status Active
MLS # PW17057688
Property Type Multifamily
THE LISTING PHOTOS WERE TAKEN BY A HUMAN BEING-NOT A DRONE-SO THEY ARE A REALISTIC PORTRAYAL OF THE WONDERFUL PANORAMIC VIEWS YOU HAVE NOW AND WILL ENJOY WHEN YOU BUILD YOUR DREAM HOME. THIS HBR2 PROPERTY IS FANTASTIC AS-IS BUT WHAT AN OPPORTUNITY FOR AN INVESTOR WHETHER YOU ARE A BUILDER OR SOMEONE WHO WANTS TO CREATE A BEACH HOME FOR YOURSELF...HUGE UPSIDE FOR NEW CONSTRUCTION OF UP TO 3,671 SQ FT HOME**(BUYER TO VERIFY THIS INFORMATION). CURRENTLY HOUSES AN UP AND DOWN DUPLEX AND A DETACHED 2 CAR GARAGE WITH A PRIVATE YARD IN BETWEEN THAT IS THE PERFECT EXTENSION OF THE LIVING SPACE. PROPERTY ALSO ACCESSIBLE FROM ALLEYWAY. JUST 2 BLOCKS FROM THE BEACH, IN CLOSE PROXIMITY & WALKING DISTANCE TO SAND, HERMOSA PIER, SHOPPING, RESTAURANTS AND AWARD WINNING SCHOOLS. PLEASE DO NOT TRESPASS, DO NOT DISTURB TENANTS. PROPERTY SOLD AS-IS. GREAT TENANTS-ENJOY INCOME WHILE PLANNING YOUR BEACH GETAWAY.

256 Longfellow Avenue Hermosa Beach, CA 90254

$2,699,000
3 Units
Status Active
MLS # SB17005072
Property Type Multifamily
This trophy triplex is located on an oversized 50 x 70 lot in one of the most desired pockets of North Hermosa Beach. Perfectly located between downtowns/piers of Hermosa Beach and Manhattan Beach; just steps away from the strand, Boccato’s Groceries, and Valley Park. The entire property has been incredibly well maintained. The front house has been tastefully upgraded with a 2 bed/2 bath, plus an over-sized office and laundry. An open floor plan that is light and bright with hardwood floors and ocean views from the kitchen. Front house has AC. The first floor of the back building has an updated studio downstairs, along with two 2-car garages with alley access. The entire top floor of the back building is a spacious 2 bed /1 bath unit with hardwood floors, plenty of natural sunlight and ocean views. Other special highlights include a charming wood fireplace, rich exposed brick and balcony The courtyard in between the buildings provides nice privacy, perfect for your morning coffee and entertaining in the evenings. The property is great for an owner-user, second home location with rental income or straight investment property.

209 Rosecrans Avenue Manhattan Beach, CA 90266

$3,499,000
3 Units
Status Active
MLS # SB17107767
Property Type Multifamily
Only 1/2 block to The Strand... Prime Ocean View Income Opportunity. Walk to the beach and North MB shops (Walkability Score of 83). The units bring in $14,200/mo in combined income. These three bright and spacious apartments rent easily due to the close proximity to the beach. Unit mix: one 3Bd/2Ba and two 2Bd/2Ba. Recent updates include new flooring, bathrooms, kitchen counters, dishwashers, paint and more. The building includes a laundry room, independent gas & electric meters, and 6 car parking. Enjoy the steady income, or develop the full 30' x 90' ocean view lot.

526 Illinois Street El Segundo, CA 90245

$3,995,000
6 Units
Status Active
MLS # 17216766
Property Type Multifamily
*Price Reduced! - Priced at $523 Per Square Foot -Condo Quality Apartments Built in 1988 -Two Three-Bedroom/Two-Bathroom & Three Two-Bedroom/Two-Bathroom Townhouse-Style Units, & a Massive Studio Unit -Units Include a Balcony, Private Patio, Fireplace, & an Office -All Units have been Fully Upgraded Including Brand New Kitchens & Bathrooms -Current Cap Rate of 2.96% with Immediate Upside to a 4.04% Pro-Forma Cap Rate -Washer/Dryer & Water Heater in Every Unit -Massive Floor Plans with an Average Square Footage of 1,272-Square Feet -11 Gated Subterranean Parking Spots -Exterior has been Fully Remodeled Including Brand New Roof -Non-Rent Controlled Asset - Located in El Segundo with the Second Largest Concentration of Fortune 500 Companies in California -Single Side Loaded Street *Assumable Loan Amount of $1.1 Million at an Interest Rate of 3.61%. **Five plus one non-conforming unit**

530 S Irena Avenue Redondo Beach, CA 90277

$4,050,000
8 Units
Status Active
MLS # SB17112091
Property Type Multifamily
This remodeled 8 unit apartment building in South Redondo Beach recently received a fresh and modern make over that includes new: roof, bronze aluminum windows, copper plumbing, Sewer Lines, exterior IPE siding, smooth stucco, modern railings, paint, automatic garage doors (9 PRIVATE GARAGES + 1 Open Guest Spot), front doors and landscaping. The unit mix consists of (2) 2 bedroom 1 bathrooms (One of the 2 bedrooms includes a good sized private yard) and (6) 1 bedroom 1 bathrooms that features new: white shaker cabinets, grey quartz counter tops, white subway tile kitchen backsplashes, interior doors and hardware, stainless steel Samsung appliances (dishwasher, microwave, range and fridge), Washer and Dryer in each unit, smooth ceilings, recessed lighting, modern wood laminate flooring, tub, wall tile, floor tile, paint and fixtures! This remodel work was permitted. This building is located just blocks to the beach and not far from Riviera village! Option to assume current loan ($2,343,000, 5 year fixed, 3.51% interest, 1pt fee). STILL UPSIDE IN RENT!

508 Esplanade Redondo Beach, CA 90277

$4,600,000
6 Units
Status Active
MLS # 17229376
Property Type Multifamily
-Outstanding A+ South Redondo Beach Location on the Renown Esplanade - Steps from the Pacific Ocean -Large 6,351-SF Lot, Prime for Development - 3-Unit Town-Home Site -Legacy Property that has Not Changed Ownership in Decades. Generational Asset that has Commanded Strong Historical Appreciation -Located Next to Redondo Beach Proposed Water Front Project -Consists of (1) 2-Bed/1.75-Bath Owner's Unit, (1)3-Bed/2-Bath Unit, and (4) 1-Bed/1-Bath Units -Large 2-Bedroom/1.75-Bathroom Owner's Unit with Private Deck and Fireplace -Ample Parking with Garage Parking Plus One Tandem Space for Each Unit -Non-Rent Controlled Asset with Over 36% in Immediate Rental Upside

600 Highland Avenue Manhattan Beach, CA 90266

$5,275,000
2 Units
Status Active
MLS # PV17019180
Property Type Multifamily
***HUGE PRICE IMPROVEMENT*** Bring your Builders, Buyers and Investors! With the Beach only 2 blocks in Front of you and a Walk Street behind you, this is your chance to own a Very Special Sand Section Detached Duplex. This Two Free Standing Duplex sits on an oversized 3,334 sq. ft. street to alley Corner Lot with Ocean Views in an A+++ location. The Front unit comprising of 4 bed, 2 1/2 bath with Panoramic Ocean Views from Palos Verdes to Malibu from the roof top deck. The Rear unit is 2 bed, 2 1/2 bath which also has beautiful Ocean Views from master bedroom balcony. Opportunities like this seldom come on the market. This is the perfect property for an Investor who would like a long-term rental investment or a Buyer who wants to build their dream home in the heart of Manhattan Beach. Only 2 blocks from the beach and 5 blocks to Downtown Manhattan Beach, here you’ll enjoy fine dining, cafes, shops & boutiques. Watch the sunset in the evening, and listen to the waves crash from the comfort of your home. Live the good life!

4117 The Strand Manhattan Beach, CA 90266

$6,495,000
3 Units
Status Active
MLS # SB16140282
Property Type Multifamily
LOWEST PRICED PROPERTY ON THE MANHATTAN BEACH STRAND. OFFERED WITH ADJOINING CORNER LOT PROPERTY AT 4122 THE STRAND CREATING THE POTENTIAL FOR AN OCEAN FRONT DOUBLE CORNER LOT PROPERTY AT THE SAME PRICE AS A SINGLE SOUTH MANHATTAN STRAND INTERIOR LOT. PRESENTLY IMPROVED WITH A 1930'S DUPLEX WITH SPACIOUS 2 BEDROOM UNITS WITH PANORAMIC OCEAN VIEWS WITH HARDWOOD FLOORS, PLUS DETACHED ONE BEDROOM UNIT WITH OPEN BEAMS, 3 CAR GARAGE + 3 OFF STREET PARKING SPACES. REFURBISH EXISTING IMPROVEMENTS OR BUILD A GRAND RESIDENCE OR 2 TOWNHOMES WITH CITY APPROVAL. THE BEST INTERIOR VALUE ON THE MANHATTAN STRAND

230 The Strand Hermosa Beach, CA 90254

$6,499,000
3 Units
Status Active
MLS # SB17045743
Property Type Multifamily
Great Triplex on The Strand in Hermosa Beach. Live in the three bedroom owner's unit and build later. Gorgeous views and hear the waves at night from your bedroom.Great investment and build later.

1830 The Strand Hermosa Beach, CA 90254

$6,900,000
3 Units
Status Active Under Contract
MLS # SB17061242
Property Type Multifamily
Estate sale, no court. Legal triplex, could be converted back. Best Strand location far from the piers, Hermosa Avenue, public bathrooms and parking. The beach is usually empty here. Can build 30' high, 3 stories. 5' front and rear setbacks, 3' side setbacks. North of 22nd street the height limit is 2 stories, the beach gets narrower, the lots get smaller and the traffic gets A LOT closer. North of 24th street Strand houses actually front Hermosa Avenue. Unlike in M.B., this part of Beach Drive (the street behind The Strand) has gates at every walk street so there's zero through traffic. The nearest real street is a full block away, you hear zero traffic. The adjacent walk streets are flat and safe for kids. 84 Walkscore. All 3 schools (Hermosa View, Hermosa Valley and Mira Costa) are 10's on Greatschools.

4122 The Strand Manhattan Beach, CA 90266

$7,895,000
3 Units
Status Active
MLS # SB16140293
Property Type Multifamily
LOWEST PRICED OCEAN FRONT CORNER LOT PROPERTY ON THE MANHATTAN BEACH STRAND. OFFERED WITH ADJOINING PROPERTY AT 4117 THE STRAND WITH THE POTENTIAL TO CREATE A DOUBLE CORNER LOT PROPERTY AT THE SAME PRICE AS A SINGLE SOUTH MANHATTAN STRAND INTERIOR LOT. PRESENTLY IMPROVED WITH A VINTAGE 1940'S 3 BEDROOM COTTAGE WITH PANORAMIC OCEAN AND COASTLINE VIEWS, VAULTED BEAM CEILINGS, USED BRICK FIREPLACES, DEN, STRAND-LEVEL UTILITY/BONUS ROOMS PLUS DETACHED 2 BEDROOM AND 1 BEDROOM APARTMENTS WITH 3 CAR GARAGES. REFURBISH EXISTING IMPROVEMENTS OR BUILD A GRAND RESIDENCE OR 2 TOWNHOMES WITH CITY APPROVAL. THE BEST CORNER LOT VALUE ON THE MANHATTAN STRAND.

3808 The Strand Manhattan Beach, CA 90266

$8,395,000
3 Units
Status Active
MLS # 17191454
Property Type Multifamily
Impressive One of a Kind Ocean Front Manhattan Beach Estate featuring two custom Tuscan style design homes w/panoramic head-on impeccable ocean views. Stunning wood beams throughout, flawless wood floors, chef's kitchen, and an abundance of natural light. This estate is truly unique. Inspired by the hills of Italy, this Tuscan style estate is rustic, yet elegant. Some hallmarks of the popular style include aged finishes, stained glass windows w/ intricate patterns. Travertine stone tiles, textured walls, and finishes w/beamed ceilings, exotic wood doors. Unit (A&B) main house has 3 bed, 3 bath, a solarium/gym, and 3 romantic fireplaces w/plenty of ambiance for relaxation. The classy guest house (C) has 3 bed/2 bath w/enormous living space w/ jaw-dropping white water views. Gracious floor plans have wonderful destinations in terms of configuration that would fit your family needs, and a 3 car garage. Close to the airport, shopping malls, restaurants, & pier. Resort-like Italian Villas

910 E Grand Avenue El Segundo, CA 90245

$17,800,000
35 Units
Status Active
MLS # 17212576
Property Type Multifamily
Please do not disturb tenants with walking the property without Owners Approval. DRIVE BY ONLY!!

 





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