1109 Barbara ST new Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90277
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,610 sqft
Price per Sqft $639
MLS Listing ID 25620449
Bedrooms 9
Year Built 1965
Lot Size 7,588 Sqft
Property Description
We are pleased to present 1109 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 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 14% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants. 1109 Barbara Street is available as an individual purchase or part of a larger portfolio that includes 1100 Barbara Street, 1102 Barbara Street, and 1110 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package.
Location
State CA
County Los Angeles
Area 156 - S Redondo Bch S Of Torrance Bl
Zoning RBRMD
Interior
Heating Electric
Cooling Electric
Laundry Stacked
Exterior
Parking Features Door-Multi,Garage
Garage Spaces 6.0
Garage Description 6.0
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=orqXRqDkhKq