Beautiful Beach Duplex in Redondo
This beach bungalow-style duplex in South Redondo Beach would be absolutely perfect for an owner-user or savvy investor. The property is located on a quiet cul-de-sac street and consists of a large 3 bedroom, 2 bath house in the front and a 2 bedroom, 1 bath unit above the garages in the rear.
The current annual income is approximately $53,000 with nearly 30% in rental upside. Both tenants are on month-to-month leases, allowing the flexibility for an owner to move into one of the units, remodel and raise rents or develop 2 townhomes.
The property is located in an unbelievable location, in very close proximity to shops, restaurants, and the beach. Also nearby are the Redondo Beach Pier and famous King Harbor!