Discover this exceptional turnkey, income-generating triplex located in the desirable El Nido neighborhood of East Redondo Beach. This 3,350 sq. ft. property features two newly constructed homes at the rear and an updated front house, offering a fantastic opportunity for investors or landlords seeking minimal maintenance and steady cash flow. The two rear homes boast identical layouts with modern high-end amenities, including contemporary kitchens, 2-bedrooms, 2.1 baths, in-unit washers & dryers, high-end appliances, and 100% paid energy-efficient solar panels. The front house originally built in 1907 is a 2-bedroom, 2-bath detached residence that has been thoughtfully upgraded with fresh interior paint, refinished exterior stucco, dual pane vinyl windows and wide plank engineered wood style flooring with interior laundry area / powder room, adding to the overall market appeal for tenants. With off-street parking and a spacious shared outdoor area with low maintenance, this property is highly attractive to renters. Conveniently located near grocery stores, restaurants, shopping at South Bay Galleria, and just a short drive to freeway access, Redondo Beach, and the Pacific Ocean, this property combines comfort, convenience, and coastal living. The current rents are near market value, ensuring a strong cap rate and a solid investment for the future.
Listing courtesy of Listing Agent: Donald Mosich (djmosich@hotmail.com) from Listing Office: HomeSmart, Evergreen Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
