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Big Buyer – 2204 Huntington Ln, Redondo Beach

Big Buyer – 2204 Huntington Ln, Redondo Beach

Client Goals:
Experienced buyer who owns several income properties throughout the South Bay and Beach Cities. He was looking to build his portfolio but preferred off-market deals that aligned with his “buy-and-hold” investment goals.

Why Lyon | Stahl:
Our ability to consistently deliver deals that are exclusive to the Lyon| Stahl team has enabled us to create a long-lasting and loyal relationship with this buyer. He trusts us to properly vet all available deals in our market and only present the best opportunities with the greatest long-term potential.

Process:
We were working with a Seller who was interested in exchanging into a property out of state but was not inclined to formally list their property. We provided them with an offer from our client that was consistent with market values and recent sales comparables in the area. The offer included favorable terms for the Seller’s exchange and was accepted shortly thereafter.

Outcome:
Acquired a large 4-unit building in North Redondo Beach with strong income and significant upside rental potential. As this property was off-market, our Buyer was able to avoid a competitive situation that could have potentially driven the price above asking.  He was able to bolster his portfolio and increase his overall return by purchasing a property that was unavailable to any other Investment Real Estate Firm