1102 Barbara Street, Redondo Beach, CA 90277

We are pleased to present 1102 Barbara Street, a four-unit apartment building located in the heart of Redondo Beach, CA. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF) and (3) two-bedroom/two-bath units (each over 1,000 SF). Three of the four units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. One (1) two-bed/two-bath unit to be delivered vacant. This offering presents an excellent opportunity for either an investor or owner-user to capitalize on strong rental demand and premium market rents in one of the South Bay's most coveted coastal communities with no local rent control and 12% rental upside potential on current rents. Residents enjoy the best of coastal … read more …