15 bedroom house for sale

Overview

We are pleased to present this turnkey 7 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive unit mix of six 2-Bed/1-Bath and one 3-Bed/2-Bath. The entire property has been professionally designed, upgraded and permitted, including complete replacement of the electrical, plumbing and sewer systems, installation of air conditioning in every common area and bedroom, addition of a ~1, 200 sqft ADU (highest rent in the building), new windows, kitchens, bathrooms, flooring, etc. Lease-up produced fantastic and quick results, with just one vacancy (unit F) remaining. These apartments lease FAST due to exquisite exterior and interior design, amenities like AC and in-unit laundry, fantastic outdoor spaces and location. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482.