1110 Barbara Street, Redondo Beach, CA 90277
  • MLS#: 25620381 ( )
  • Street Address: 1110 Barbara Street
  • Viewed: 1
  • Price: $4,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: LOS ANGELES
  • City: Redondo Beach
  • Zipcode: 90277
  • Provided by: Matthews Real Estate Investment Services
  • Contact: Nabil Nabil
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 1110 Barbara Street, a seven unit apartment building located in the heart of Redondo Beach. The property features a desirable unit mix consisting of (1) three bed/two bath two story home (approx. 1,400 SF), (4) two bedroom/two bath (each over 1,000 SF), and (2) one bed/one bath units. Four of the seven 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. 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 17% 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. 1110 Barbara Street is available as an individual purchase or part of a larger portfolio that includes 1100 Barbara Street, 1102 Barbara Street, and 1109 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Refrigerator
  4. Oven
  5. Microwave
Building Area Total
  1. 6792.00
Cooling
  1. Electric
Country
  1. US
Garage Spaces
  1. 11.00
Heating
  1. Electric
Laundry Features
  1. Washer Included
  2. Dryer Included
  3. Stackable
Laundry Income
  1. 204.00
Levels
  1. Two
Netoperatingincome
  1. 197855.00
Otherincome1
  1. 8151.00
Parcel Number
  1. 7507023022
Parking Features
  1. Garage - Single Door
  2. Garage - Two Door
Postalcodeplus4
  1. 4512
Sourcesystemkey
  1. 25620381:CLAW
Tenant Pays
  1. Electricity
  2. Water
  3. Trash Collection
  4. Other
Totalexpenses
  1. 87094.00
Virtual Tour Url
  1. https://my.matterport.com/show/?m=bbe3nf61wy3
Year Built
  1. 1965
Zoning
  1. RBRMD