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Apartments For Sale • 6,792 SF
| 1110 Barbara Street is a seven-unit apartment building in the heart of Redondo Beach, one of the South Bay's most desirable coastal submarkets. |
| Strong unit mix anchored by a 3-bed/2-bath two-story home (approx. 1,400 SF) plus (4) 2-bed/2-bath & (2) 1-bed/1-bath units. |
| Four of the seven units recently and tastefully upgraded with modern finishes and high-quality improvements. |
| Tenants pay their own utilities with a RUBS program in place that reimburses ownership and lowers the expense ratio. |
| Stabilized with 16% upside through continued renovations, capitalizing on strong rental demand and premium market rents. |
| Prime South Bay location just minutes from world-class beaches, parks, top-rated schools, and the Redondo Beach Pier. |
| Cap Rate: | 4.83 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 20 min | - | 9.4 mi |
| Long Beach (Daugherty Field) | 24 min | - | 14.1 mi |
| Bob Hope | 53 min | - | 36.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Covered |
| Included in Rent: | Yes |
Nabil Awada
Matthews Real Estate Investment Services
Nabil Awada
Matthews Real Estate Investment Services
