NOTE!!!: Owners Agreed to Post 60 Day notices to vacate before October 31st on the back two units upon removal of contingencies from a buyer. This value add triplex in the heart of Redondo Beach presents an opportunity for an astute investor to acquire an asset in a heavy rental growth sub market of the south bay. The property has been in the same hands for 40 years. The front 2b1b house with a garage has been slightly renovated and demands a top market rent given its size and house like feel to it. The back two units are identical 2b1b apartments. These units renovated in the area go for on average $2,700 a month. All units have private washer and dryers in their units. The projected annual gross income for this property is roughly $100,000. Don't miss out on this amazing opportunity. Call for more information.
Listing courtesy of Jonathan Weir from Marcus & Millichap
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